Prof. Armin Schnettler, EVP and head of New Energy Business at Siemens Energy
Siemens Energy eyes hydrogen future
Financial and regulatory support needed to ease past the early-adopter stage, says Armin Schnettler, EVP and head of New Energy Business at Siemens Energy
Siemens Energy recently signed a partnership agreement with the International Renewable Energy Agency (Irena) aimed at advancing the global energy transition based on renewable energy. Here Hydrogen Economist talks to Prof. Armin Schnettler, EVP and head of New Energy Business at Siemens Energy, about how he sees hydrogen’s role in the energy landscape going forward. How has the energy transition landscape changed in recent years and does green hydrogen have a role to play in our decarbonised future? Schnettler: The past decade has seen massive growth in the generation of renewable energy as the world seeks to mitigate the ravages of climate change. The path to a zero-carbon future is the m
Also in this section
17 January 2025
Bank’s UK arm signs first deal to finance a green hydrogen developer, but cost and offtake pressures mean the sector remains too risky for many lenders
15 January 2025
The country’s technology-neutral position and competitive business environment mean it is looking to be surfing the second wave of the energy transition while others are still grappling with the first
14 January 2025
With abundant wind and sunshine, Africa is poised to lead in green hydrogen production. Yet high costs and financing challenges require global partnerships to unlock the continent's potential
14 January 2025
The continent’s largest economy sees an opportunity to join the global export market, but funding gap and lack of regulatory framework present challenges
