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SWOT analysis of the EMR hydrogen sector

A study was carried out to record the strengths, weaknesses,
opportunities and threats (SWOT) of the economy in the Euregio
Meuse-Rhine region with regards to hydrogen. This SWOT analysis of the
EMR hydrogen sector was conducted by BET on behalf of the Department of
Economics, Science, Digitization and Europe of the City of Aachen
(project partner). BET is a leading consultancy firm for the energy and
water industry.

The study analyzed the documents already published in the course of
the EMR H2 Booster. In addition, relevant studies by third parties that
have focused on the affected region were also be considered.
Furthermore, any stakeholders in the region along the value chain were
analyzed and classified along the SWOT matrix.

Based on the SWOT analysis, some pivotal findings have been summarized, and recommendations have been deduced:

  • EMR combines worldwide leading players in R&D and industrial
    sectors and a capable infrastructure with an established practice of
    cross-border cooperation. Nevertheless, a successful ramp-up of a
    regional hydrogen economy requires further efforts.
  • The utilization of funding opportunities must be facilitated by
    decreasing bureaucratic hurdles to achieve a maximum supporting effect
    for regional innovation. This requires cross-border efforts of politics
    and administrations.
  • Future hydrogen demand should be enquired for individual industrial
    clusters. Networks within those clusters facilitate exchange of know-how
    and experiences among companies. The initiation of such clusters should
    be supported to raise awareness among existing businesses and
    industries that hydrogen may be relevant to them in the future.
  • A high number of worldwide leading R&D institutions are situated
    within the EMR. The economic impact of this advantage can be expanded
    by further supporting the networking between R&D sector and industry
    along the hydrogen value chain.
  • The future hydrogen demand in the region will likely be larger than
    local production potential. Connection to a hydrogen transmission
    network will therefore be crucial to ensure reliable supply with
    hydrogen for all types of applications.

Consult the full SWOT analysis (pre-final version), also downloadable on our Studies page. 


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