Germany's power to gas market was valued at 3.6 million U.S. dollars in 2019 and is expected to increase to 6.8 million U.S. dollars by 2026. Power to gas, also known as PtG or P2G, converts excess or off-peak power from renewable sources into methane syngas or hydrogen, which can later be used as a fuel in other sectors, such as heating or transportation.
Power to gas market value in Germany from 2018 to 2019, with a forecast for 2020 and 2026 (in million U.S. dollars)
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Topics
Green hydrogenMRFR. (September 1, 2020). Power to gas market value in Germany from 2018 to 2019, with a forecast for 2020 and 2026 (in million U.S. dollars) [Graph]. In Statista. Retrieved June 07, 2024, from https://www.statista.com/statistics/1287035/gernany-power-to-gas-market-value/
MRFR. "Power to gas market value in Germany from 2018 to 2019, with a forecast for 2020 and 2026 (in million U.S. dollars)." Chart. September 1, 2020. Statista. Accessed June 07, 2024. https://www.statista.com/statistics/1287035/gernany-power-to-gas-market-value/
MRFR. (2020). Power to gas market value in Germany from 2018 to 2019, with a forecast for 2020 and 2026 (in million U.S. dollars). Statista. Statista Inc.. Accessed: June 07, 2024. https://www.statista.com/statistics/1287035/gernany-power-to-gas-market-value/
MRFR. "Power to Gas Market Value in Germany from 2018 to 2019, with a Forecast for 2020 and 2026 (in Million U.S. Dollars)." Statista, Statista Inc., 1 Sep 2020, https://www.statista.com/statistics/1287035/gernany-power-to-gas-market-value/
MRFR, Power to gas market value in Germany from 2018 to 2019, with a forecast for 2020 and 2026 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1287035/gernany-power-to-gas-market-value/ (last visited June 07, 2024)
Power to gas market value in Germany from 2018 to 2019, with a forecast for 2020 and 2026 (in million U.S. dollars) [Graph], MRFR, September 1, 2020. [Online]. Available: https://www.statista.com/statistics/1287035/gernany-power-to-gas-market-value/