Power-to-X Gains Ground in Germany

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Researched by Industrial Info Resources (Sugar Land, Texas)--The German government has committed to a target of becoming greenhouse gas-neutral by 2050. To play a role in meeting the long-term climate protection targets for 2050, German companies are developing sustainable, economically, and ecologically alternative processes and technologies, such as Power-to-X.

Industrial Info is tracking $3.36 billion in active Power-to-X projects in Germany. Subscribers to Industrial Info's Global Market Intelligence Project Database can click here for related project reports.

The largest investment (approximately $580 million) is planned by BASF and RWE in the new 300-megawatt plant in northwestern Germany, which will supply green hydrogen to the energy-intensive chemical site in Ludwigshafen. Subscribers to Industrial Info's Chemical Processing Project Database can click here for the project report.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.