Bosch is finally ready to make its move in the European Union when it comes to hydrogen infrastructure.
“Towards a climate-neutral future, we must allow energy-intensive industries to switch to renewable energy sources. Hydrogen will become a key element of energy security.” Bosch Management Board Member Rolf Nyörk said in a statement.
The company has invested 1 billion euros in hydrogen infrastructure. Bosch hopes that hydrogen fuel will become a reliable alternative to battery-type electrical energy, which has some egregious problems, especially regarding waste disposal.”
Although electric vehicles have already firmly entered the life of an ordinary European, their use is limited and not truly “environmentally friendly.”
Just as the Germans no longer know where to put the kilometers of spent carbon blades of wind turbines, the question will soon arise regarding how and where to dispose of thousands of tons of spent Li-Ion batteries.
And for electricity production, nuclear power plants will have to be reactivated. Everything has its time. Therefore, the idea of hydrogen fuel is more promising in general. Hydrogen in nature is unlimited at this time.
The development of its production on an industrial scale will make H2 cheaper than modern gasoline and natural gases. The only question was who would sign up for the multi-billion dollar investment to make the hydrogen industry massive – and affordable.