Lars Ramelow

Today, I had the opportunity to speak at the Handelsblatt Annual Conference "Decarbonizing Industry" about the transformation of Germany’s Mittelstand towards sustainability. It’s reassuring to see that decarbonization, thankfully, remains one of the major topics that the business world is rightfully addressing. Westfalen serves more than 60,000 commercial customers across all business sectors – from mobility to energy and technical gases – primarily medium-sized companies. This broad scope gives us a unique and comprehensive insight into the state of Germany’s Mittelstand, rightly regarded as the backbone of the German economy. What we are seeing is clear: The decarbonization process in the Mittelstand is still in its early stages. Not only are government incentives often focused on large industries, bypassing smaller companies, but many businesses are also postponing concrete sustainability measures – often due to cost concerns and a limited willingness to pay among their own customers. However, the reality is: Those who do not act and ignore the transformation will inevitably lose in the long run. So, let’s get started!

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One of the biggest hurdles to overcome in the new energy economy is the availability of #water. Not only for green hydrogen (“10 litres of water for a kilogram of H2”) but data centres, gigafactories and semiconductor manufacturing. Water reuse and desalination will have to play a vital role

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In the march towards #EnergyTransition, the role of strategic asset management and portfolio management cannot be overstated. As we navigate the complexities of implementation and financing, it's clear that public acceptance hinges on cost-effective solutions. The transformation and expansion of the electric grid carry significant costs, yet they are pivotal for integrating renewable energy sources like #Wind and solar. At 50Hertz Transmission GmbH, they're committed to strategic planning and management of their assets to support one of the world's most reliable electricity networks. Their approach includes not only expanding their electricity highways but also integrating interconnectors, leveraging energy storage, and utilizing flexible loads such as power-to-heat plants. The gap between power generation and consumption locations is widening, and that calls for a strategic outlook in managing their energy portfolio. It's with this vision I look forward to hear industry leaders like Stefan Kapferer Manon van Beek, Bruno Meyer Priyantha Wijayatunga Wijayatunga, and Sonya Twohig to further this vital dialogue. Let's harness the power of strategic asset management to make energy systems more resilient, efficient, and accepted by those we serve. OHROS Consulting Group #StrategicAssetManagement #PortfolioManagement #100PercentBy2032 #ThisIsHowEnergyTransitionWor ---

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Excited to share this new study I co-authored with my Guidehouse ES&I colleagues (Matthias Schimmel, Jonathan Borsch, Corinna Klessmann) together with Agora Energiewende and Agora Industry (Mathias Koch, Matthias Deutsch, Simon Müller et al.) analyzing the extent to which Germany can rely on pipeline-based renewable #hydrogen imports until 2030 and 2035 across five import corridors from Europe and North Africa. ❗ Key results ✔ Until 2035, #Germany could secure between 60 and 100 TWh of green hydrogen via pipelines. ✔Until 2030, substantial imports of green hydrogen to Germany can be expected from #Denmark and #Norway. ✔In the medium term, additional imports could be unlocked from Southern Europe (#Spain, #Portugal), the Nordic countries (#Finland, #Sweden) and North Africa (#Tunisia, #Algeria). ✔To leverage the full potential of available pipeline-based hydrogen imports, creating sufficient investment certainty for the build-out of the necessary pipeline infrastructure and production capacities in exporting countries is crucial. ✔A range of measures should be considered in this context, including 1️⃣ support schemes or quota instruments creating sufficient demand from potential off-takers of green hydrogen, 2️⃣ available financing to ensure the build-out of pipelines and crucial interconnectors, 3️⃣ the organization of multilateral exchange formats with stakeholders and policymakers to facilitate coordination across the value chain, 4️⃣ de-risking instruments for production projects in North Africa that reduce high capital costs impacting levelized cost of hydrogen, and 5️⃣ strengthening of bilateral energy partnerships with relevant exporting countries. The study is available here (in German): https://lnkd.in/erHdxi5r

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