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RWE Gas Storage West starts storage demand enquiry for H2

The gas storage operator RWE Gas Storage West has launched an initial market survey, which H2 producers and users as well as industrial companies and traders can use to register their future storage demand for H2 until the end of June 2024.

As a clean, storable and transportable energy carrier, H2 is an important link in the energy transition. Its storage plays a central role in balancing out fluctuations in renewable energy production and is the basis for providing consumers with structured supply products.

RWE Gas Storage West has launched a non-binding market enquiry to design future H2 storage facilities to meet the needs of the future H2 market. For further investment planning, the company wants to determine when and where demand for H2 storage capacities will arise. The results of the market survey will be used to develop customized storage capacities.

RWE Gas Storage West is developing the first industrial-scale H2 storage facility in Gronau - Epe (North Rhine-Westphalia). RWE has applied for funding for the construction of this storage facility as part of the "IPCEI H2" (Important Projects of Common European Interest) program. The EU has approved federal and state funding for the project. A concrete funding commitment is still pending. RWE intends to make an investment decision as soon as a concrete grant notice has been received.