We develop global solutions and business models on energy, climate and development issues. Our goal is a climate-neutral energy system – with the following elements: green electricity, green hydrogen, biological as well as technical CO2 recycling, climate-neutral energy sources and fuels – including methanol. During production, CO2 is used materially and thus becomes an interesting economic asset. Together with industrial and scientific partners, we are developing technical, entrepreneurial and administrative foundations for significant investments in this field of the future. Investments that pay off.
One of the largest renewable energy production projects is currently being developed in Saudi Arabia and is called Neom. The area is located on the coast of the Red Sea and is about the size of Belgium. Even though Neom will be powered 100 per cent by renewables, the plans go far beyond the energy sector. Saudi Arabia is planning a future region with smart cities and is focusing on innovations in the areas of water, food and media.
We are convinced that the production of carbon neutral fuels opens up unique business opportunities. Our task in the near future will therefore be to investigate various technological paths and identify the best and most cost-effective solutions – as a scientifically and commercially sound basis for investor decisions. In addition, we are keeping an eye on the political and fiscal framework conditions. Not only concerning the energy sector but also for a number of other quite “difficult” industries such as steel or cement.
“Energy, climate and development are key issues of our time and are closely linked in terms of content,” said the former Development Minister Gerd Müller in his endorsement. “I myself and the BMZ have been active in this area for years. International cooperation, e.g. in the field of energy using the world’s large solar deserts, is a key issue. Furthermore, the production of gigantic quantities of green hydrogen and its combination with CO2 to produce synthetic fuels – such as methanol – as a kind of ‘liquid electricity'”.
The project, for which Global Energy Solutions e.V. was founded, can start on 01.07.2021. The Federal Ministry for Economic Cooperation and Development (BMZ) has approved funding for the research project “Global Energy Perspectives – Development of a Reference Model to Address Global Energy and Climate Challenges”.
The association Global Energy Solutions e.V. conducts analyses on current energy, climate and development issues. In a global perspective we develop solutions together with industry partners. The activities of the association are carried out in cooperation with the German Federal Ministry for Economic Development and Cooperation (BMZ). They are also part of a wide range of hydrogen-related activities in the state of Baden-Württemberg and in the Ulm region.