Hydrogen is considered a key technology for a climate-friendly future. But before you invest in hydrogen solutions, you should check whether hydrogen is really suitable for your company. Hydrogen can be used as an energy source or raw material in a variety of ways – from propulsion to heat to production. Whether the investment is worthwhile depends on various factors.
Checklist: Is hydrogen a good fit for my company?
- Energy demand and profile
- Does your company require large amounts of energy?
- Are there ways to replace fossil fuels with hydrogen (e.g. gas heating, diesel generators)?
- Is your energy requirement flexible or constant over time?
- Technological requirements
- Does your company already have technology that can be operated or adapted with hydrogen?
- Is there suitable infrastructure on site (e.g. storage facilities, refueling facilities)?
- Can you invest in the installation of new systems?
- Economic efficiency
- Are the costs of hydrogen (purchase or in-house production) competitive compared to conventional energy sources?
- Are there funding programs or government incentives for hydrogen projects?
- What are the long-term savings on CO₂ levies and energy costs?
- Environmental and sustainability goals
- Would you like to reduce your company’s CO₂ emissions?
- Is sustainability an important part of your corporate strategy?
- How important is the future viability and innovative strength of your company to you?
- Availability and security of supply
- Is the supply of hydrogen guaranteed in your region?
- Can you count on reliable partners for delivery or production?
- Are there already regional hydrogen infrastructures or pilot projects?
- Industry and application reference
- Are there proven applications for hydrogen in your industry?
- Are competitors already using hydrogen technologies?
- Can you open up new business areas or innovations with hydrogen?
Conclusion
Hydrogen can be a forward-looking opportunity for companies, especially if the energy demand is high, the environmental goals are clear and the willingness to invest is there. Use the checklist to realistically assess your starting position and decide whether hydrogen could be a sensible addition or alternative for your company.
