empty
13.02.2023 11:52 PM
Gas-hydrogen blending reduces LNG demand in Europe

A German project aimed at boosting clean energy for home heating expects to hit a key milestone.

Successful tests confirm good prospects for the market for heating blends consumption, which means LNG prices will be adjusted to reflect this.

The project by Netze BW is the first of its kind in Germany to supply the blended gasses to households and the test site in the south-west town of Oehringen which the firm hopes could serve as a blueprint for the rest of the country.

Against the backdrop of the Ukraine-Russia conflict, the EU is stepping up its efforts to move away from fossil fuels and reduce carbon emissions. In particular, Germany is seeking to produce "green" hydrogen which is extracted using wind and solar power via electrolysis. Europe's largest economy aims to eventually replace natural gas, especially from Russia, and create a new value chain for green hydrogen, which is expected to rely on imports and domestic production.

Producers of such energy plan to store the gas or transport it to consumers on existing and a minority of new gas grids. And so the implementation will not require significant costs: the conversion of Germany's enormous gas infrastructure to serve homes and industry can work without interruption.

A key milestone is expected: 30% "green" energy blended with natural gas heating some households south-west of the country within weeks, the company behind the project said. Next, the company is interested in expanding the blended technology.

The Oehringen "hydrogen island", an area in a town near Heilbronn with detached family homes, has been receiving a mix of natural gas plus gradually more hydrogen from its pipeline operator Netze BW since autumn 2022, according to the project.

"Within the next two weeks, we will raise the share from 8% to 20% and two weeks further on, we will get to 30% in the households," project leader Heike Gruener told Reuters during a visit. Netze's adjacent regional offices in Oehringen got the blends ahead of the homes, reaching a 30% mix already last summer.

The blending takes place at the Netze BW site using bought-in renewable power, which is put through an electrolysis plant.

Consumers involved in the experiment note that there is no noticeable difference in the use of the blends. If Germany, the EU's leading economy, which consumes significant quantities of natural gas liquids every year, is able to significantly reduce its purchases, it would drop the price of LNG futures as early as this summer.

Egor Danilov,
Especialista em análise na InstaForex
© 2007-2025
Selecionar intervalo de tempo
5
min
15
min
30
min
1
hora
4
horas
1
dia
1
s.
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO

Recommended Stories

Resumo de notícias do mercado dos EUA para 11 de abril

Após a explosiva recuperação de quarta-feira — desencadeada pelo anúncio do presidente Donald Trump de uma suspensão de 90 dias nas tarifas — os mercados dos EUA decidiram, na quinta-feira

Natalia Andreeva 18:47 2025-04-11 UTC+2

Montanha-russa: S&P 500 cai 3%, ouro atinge máximas históricas

Ações dos EUA caem após os eventos de quarta-feira, S&P 500 cai 3% Ações europeias e asiáticas fecham em alta depois que Trump suspende a maioria das tarifas Recuperação

Thomas Frank 17:55 2025-04-11 UTC+2

Por que as ações estão subindo enquanto o yuan cai e os futuros dos EUA recuam?

Ações sobem, mas futuros dos EUA caem Ações chinesas sobem mesmo com o yuan atingindo a mínima de vários anos Ações europeias sobem após Trump suspender tarifas Rodada do mercado

Thomas Frank 18:19 2025-04-10 UTC+2

Mercado dos EUA em 10 de abril: Reações ao Alívio nas Tarifas e Expectativas

S&P 500 atinge nova máxima histórica, mas resistência em 5.669 permanece como principal obstáculo. Suspensão temporária de tarifas impulsiona os ganhos: S&P 500 e Nasdaq encerram o dia em alta

Irina Maksimova 18:06 2025-04-10 UTC+2

Bitcoin luta para encontrar apoio enquanto a turbulência tarifária agita os mercados globais

A principal criptomoeda segue em um estado instável, sem conseguir estabelecer uma base sólida. O Bitcoin enfrenta alta volatilidade e registrou perdas nesta semana. Ainda assim, especialistas permanecem otimistas, prevendo

Larisa Kolesnikova 15:18 2025-04-10 UTC+2

Resumo de notícias do mercado dos EUA para 9 de abril

Os índices acionários dos EUA encerraram o pregão em queda após o anúncio da Casa Branca sobre uma nova rodada de tarifas sobre produtos chineses. As alíquotas podem chegar

Irina Maksimova 18:16 2025-04-09 UTC+2

Efeito dominó: tarifas dos EUA derrubam mercados; investidores fogem do dólar e dos títulos

Tarifas de Trump sobre a China geram temores de recessão Os títulos do Tesouro dos EUA e o dólar são atingidos pela liquidação, e os rendimentos sobem Ações europeias caem

Thomas Frank 18:14 2025-04-09 UTC+2

Previsões para o ouro: US$ 3.500, US$ 3.700 - até onde pode subir?

As previsões para o ouro estão se tornando cada vez mais impressionantes em todos os sentidos, com analistas praticamente competindo entre si para estimar até onde o metal precioso pode

Larisa Kolesnikova 15:24 2025-04-09 UTC+2

Resumo de notícias do mercado dos EUA para 8 de abril

A mais recente rodada de tarifas impostas pelo governo Trump está reformulando as expectativas econômicas. O Goldman Sachs agora projeta uma recessão nos próximos 12 meses, enquanto analistas do JPMorgan

Ekaterina Kiseleva 18:38 2025-04-08 UTC+2

Mercados em tumulto: Dow despenca, ouro sobe, Trump aumenta a tensão

Índices: S&P 500 caiu 0,23%, Nasdaq subiu 0,10%, Dow caiu 0,91% O S&P 500 continua oscilando à beira de um mercado em baixa Trump ameaça mais tarifas sobre a China

Thomas Frank 17:25 2025-04-08 UTC+2
Não pode falar agora?
Faça sua pergunta no chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.