The international management consultancy and the Luxembourg-based real estate company are pooling their expertise to support the need for less carbon-intensive business models. Their primary focus will be in the field of hydrogen consulting.
According to a report by the International Energy Association, hydrogen “is currently enjoying unprecedented political and business momentum, with the number of policies and projects around the world expanding rapidly”. As we move towards a less carbon-intensive future, the demand is only projected to increase.
Horváth and Drees & Sommer have clearly caught on to this trend as they have decided to strengthen their existing partnership to support clients in the design and implementation of hydrogen strategies and projects. Joining them is Stefan Kaufmann, the former German government official responsible for hydrogen.
“Our interdisciplinary team of experts supports clients from the first potential analysis to the operational implementation and commissioning of production facilities and infrastructure. The focus is on tailor-made solutions for industry, chemicals and mobility, in order to produce green hydrogen and its derivatives, to import them and to make them available and usable efficiently at the point of consumption”, said Dr. Alexander Stubinitzky, head of the hydrogen team at Drees & Sommer.
Driven by their vision for a successful energy transition and the recognition that companies have their role to play in it, both partners will not only offer their consulting services for hydrogen processes but also help companies find ways to integrate hydrogen into their business processes and set up entire hydrogen ecosystems.
As Europe continues its path towards becoming the first climate-neutral continent, companies are encouraged to find less carbon-intensive business strategies. For Europe as a whole, the target is to achieve net zero by 2050. Other countries such as Germany have already decided they want to hit these targets by 2045.
While the partnership will first constrain itself to a pretty local level, both companies already envision national and international expansion in the near future.
