Natural gas and oil company Wintershall Dea has called for the acceleration of the energy transition to help achieve net zero targets in Europe and Germany.

The company aims to contribute to the realisation of these targets through its involvement with hydrogen and carbon capture and storage (CCS) projects. 

According to the Germany Energy Agency study on an integrated energy transition, by 2045 the demand for hydrogen will have increased ‘more than tenfold’. 

This high demand is seen by Wintershall Dea as an opportunity to integrate natural gas-produced hydrogen or so called ‘turquoise’ hydrogen. 

The company is working with energy firm VNG to put into operation by 2023 Germany’s first turquoise hydrogen production plant. 

Commenting on the need to accelerate the push for low carbon energy solutions, Mario Mehren, CEO, Wintershall Dea, said, “Most importantly, Germany’s new federal government must quickly set the course for its energy policies, especially when it comes to hydrogen and building gas-fired power plants.” 

“The energy transition will only succeed if we do not leave out any technology that can reduce emissions.” 

In addition to establishing new gas-fired power plants, Wintershall Dea is calling for a new legal regulation for the safe offshore storage of carbon dioxide (CO2). 

By late 2022, the company aims to to begin safely storing CO2 in the Danish North Sea as a partner of Denmark’s Project Greensand – a project that aims to support large-scale decarbonisation of Danish industry.