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Start enquiryWhen it comes to green hydrogen, Bosch is stepping on the gas: in the interest of effective climate action, the company is planning not only to use this new fuel, but also to be one of the companies producing it.
Chairman of the board of management of Robert Bosch GmbH
In light of energy diversification, the move away from fossil fuels, and the need to reduce CO2 emissions, demand for green hydrogen is growing rapidly – not only in energy-intensive industries such as steel, chemicals, and heavy-duty freight, but also in private real estate.
According to the EU, demand is set to rise to some ten million metric tons a year by 2030. Bosch forecasts that the global market for electrolyzer components will increase to a volume of around 14 billion euros over the same period, with Europe set to see the highest rates of growth. To help business and society reduce dependency on fossil fuels and harness new forms of energy, Bosch intends to invest some three billion euros in climate-neutral technology, such as electrification and hydrogen, over the next three years.
Unlike many of the electrolyzer components currently on the market, the Bosch smart modules will be mass produced. As such, the manufacturing operation will generate economies of scale. “Two key factors are involved in ramping up hydrogen production: speed and cost,” Heyn said. “This is where we can play to our strengths, thanks to our expertise in mass production and our automotive know-how.” Bosch is now planning to start volume production as quickly as possible at a number of European locations. These include Bamberg and Feuerbach (Germany), Tilburg (Netherlands), Linz (Austria), and České Budějovice (Czech Republic).
The ongoing transformation of the automotive sector presents a huge challenge for the industry as a whole. As ever, Bosch’s response here is to innovate. In entering a new field of business – one that will add a nonautomotive wing to its mobility solutions business – the company is seizing the opportunity to further safeguard employment. In the coming years, this expansion into electrolyzer components is expected to create work for hundreds of associates. “In fact, we’re doing three things at once,” Heyn said. “We’re making an important contribution ecologically, economically, and socially.”
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