Around the world more than 150000000 people us we of mine because no one should have to make up your own mind. Dw, may 4 mines the a busy or up on track to develop its own hydrogen economy. Efforts are underway to develop an industry for a few, but could one day enable us to fly without the guilt of destroying the promise, with dirty emissions of the coming up size and the stars up finders had to musics october 1st and the whole open touring is best this is dw business i paid for it, and thanks for joining me. The world needs to be carbonized and it needs to do so fast in order to avoid the planetary disaster. In the search for clean or alternative fuels, many are painting their hopes on hydrogen. Although its production still overwhelmingly relies on burning fossil fuels. Proponents point to the fact that the only by products of consuming is r hes and for sure. No wonder the notoriously dirty Aviation Industry wants to get on board. This is a groundbreaking flight. The test pilots off with the weld only aircraft that is powered solely by hydrogen. Ok, the modified glider belongs to this to get based company h to fly liquid hydrogen is the Energy Source and that is opening up new possibilities must be of in is just basically what we see is that the Storage Technology engaged has fall and essentially has the limits allowing us to build a, a craft with a range of about 1000 kilometers within the system with a liquid hydrogen. We have an opportunity to cover long distances. And to continue with the ation this, we know its quite the cut and the one divide. Thats an industry giants like air bus. Also looking for ways to use liquid hydrogen from green flying in the future. But thats not expected to happen before the 2035. Before that h to fly system, we need to be smaller, more compact and practical for everyday use in 2 years. Age to fly aims to provide a Carbon Neutral solution for a passenger aircraft. A d o 328. The maker of the 33. 00 passenger plane sees it as a path to green flying. The current concept is we will have a fuel cells inside the cabin and then ill Hydrogen Tank will be in the rear. So essentially we have the electric motors, all ford is this is what we call the paul plants, power investments. His answer to all of the aircraft, this is take all this equipment up to altitude and relevant conditions on tested competitors and the u. K. May be moving faster at the beginning of this year. A smaller d o 228. 00, completed a task like there will be it with one Hydrogen Engine and a traditional combustion engine. However, in just 2 years, the 1st regional aircraft are expected to be converted to Hydrogen Engines on a massive scale thats earlier than in germany. But some experts consider the timelines unrealistic, especially for startups as well as you look at the technological development, we should definitely target the timeframe around 2040. And i think that will be small, that you have craft sizes with 50. 00 to 75. 00, maybe a t pess than just 50 for that off to you. For us, you have a lot smaller, single engine aircraft with fuel cells. I like me to be available sooner, but theyre not suitable for charter flights. The wide spread transition to hydrogen involves much more than just the aircraft via mis. We need to change the entire vacation ecosystem. The fuel supply the Energy Supply for the new hydrogen across the Concept Design for looks like a concept. And even though it is a long and costly journey age to fly has demonstrated whats possible. The range has doubled from 700 kilometers with cases hydrogen to 1500 kilometers with liquid hydrogen. While the technology is only available to test pilots, its highly likely that by 2040 it will be used to flight travelers to holiday destiny insurance. On a fi and its not just the private sector, thats the best thing on the potential of hydrogen. Here in europe, lawmakers, our team to harness as power to scotland in particular sees a huge potential and exporting the fuel. Especially given the availability of wind power, which would enable it to produce the fuel. Clearly, earlier i costs off with sconces cabinet secretary for energy, neil gray, whos hoping to drum up support for his countrys hydrogen on patients here in germany. And also to distance themselves from pressures. Putnam insert richie, so next we sent decision to weaken the you case, climate goals that we have, some of the wind disc, conditions and europe. And we have an impression to realize a substantial amount of offshore wind, in particular, looking to get 20 gigawatts from the scope when releasing round, which the 1st at least in round of offshore wind and thought is going to see a substantial but over production of renewable energy, weve also got a doubling of our own sure wind capacity coming and coming years, which again well see an over production of our, of our energy needs in scotland. So, we want to export some of the energy, but also to a ton, a substantial amount of 5 gigawatts by a 20 start to, to Green Hydrogen. And that obviously will help and the carbon eyes and some of our usage in scotland and the rest of the u. K. But also we hope that to help the compensation generate to our friends that here on the continent of europe are also one thing to go through. So we know that germany is going to be in critical at target market for us with thought. Weve already seen substantial conversations at west stakeholders here that we think it may wish to take some of that Green Hydrogen on critical to the is about how we transport that. And so im keen to talk at while im here this week about whether we can see pipeline going from the continent going from t as in germany to scotland to it only 7770750 kilometers at a very short distance. And we hope well be able to see the production of being hydrogen helping to the carbonized continental. You know, getting deals like this off the ground requires a huge amount of investment. Where is the money suppose to come from Public Investment is obviously going to be part of it, but we understand the private capital is going to be required. And we know that there is a substantial amount of private capital at worldwide that is looking for a home, particularly at on a net 0 journey. So were wanting to make sure that we have as clear a regulatory situation in scotland and the rest of the u. K as possible. Making sure that people understand that there is clear and consistent guidance on where were going, which is why russia so next intervention last week was so disappointed because for investors it was a backtrack. It was uncertainty, we want to give as much septic to as possible, which is why im absolutely committed to our net pseudo objectives for 2045. We remain committed to the, the steps that will need to be taken on the Energy Production becoming renewables. Also, the carpet isnt the way we love our lives and making sure that weve got sapped into for investors going forward. You know, great, thank you very much. Thank you. A night to some of the other Global Business stories, making news. Air from a alarm is plenty to order. Another 50 air bus, a 350 aircraft with a 1st delivery is due in 2026. The move which the company attributes to the goal of making its face more sustainable has field speculation the airline is expanding. Its long range, flight capacity, the expectation that the fun on flying over Russian Air Space will present for many years. Shares of investment, chinese Property Company ever gone to have did a further 8 percent following an initial drop on monday. The decline comes after the company missed a bond repayment. Ever gone, says it will revisit. Its much anticipation, Restructuring Plan pricing, weaker than expected sales versus authorities. Have a ques, yamaha, select the former monitor of disgrace, german payment company, wire card of spying for russia. Mont select who has been on the run since 2020 is also accused of swindling billions of dollars from investors. Intelligence agencies have long tossed him as a present of interest due to his type to rush. Danish toymaker, lego has abandoned its planned to make brakes from recycled bottles. After determining the move would not leave to a reduction in emissions due to the need for new equipment. That goes as it will find a way of making it locks from Sustainable Materials by 2032. Now what is the word networking conjure for you . For some, its a cringe inducing, but Necessary Evil in order to thrive in the business world. For others, its an exhilarating opportunity to forwards, new partnerships in anxious office. So writing well and events currently taking place on october 1st and munich might convince even the most reluctant network, hard to get out on me, the sum of 5 size and stars of finders and investors have gathered in the southern german says he for the best on pretzel founders festival, an opportunity to talk business in unconventional and lively surrounding my colleague stephen bears late. Is there hockey . Thats right. Were here at october 1st in munich for the last day of the bits and pretzels start up conference. Everythings taking place right now inside this big festival tent where theyre having the traditional october best experience. Im in a way this has been a kind of giant match making between startups, those with a business idea and at certain levels of fund raising, and investors. And they would like to convince to continue to support their businesses. Now this comes at a very difficult time actually for much of this branch because of Rising Interest Rates and how money flows have really slowed down in the past months. We had a chance to talk to the 2 co founders a bit, some pretzels about that. So lets take a listen to what they had to say. Many founders are struggling. Many investors have a hard time to raise the events type of the funds. But on the flip side, its a demand for through through right now to invest to both companies, the Growth Companies to make it more profitable and also made smart investments. And then history is founded in its own, in its own turns rates, investments, a good company. I made and i believe that is going to happen here and thats why we do, but its a white van. Could i ask you what was the idea behind bits and pretzels. Why does it so important to have this kind of event here . Well, the most important thing is the founder is to have a really good network. You have to find a ride co fontose, right . Investors and potential customers. And thats all about. So we bring to get to the leading mines in durham and european side of it goes this to, to exchange ideas, to build new alliances. Thats a, thats it. Basically as ask you both briefly, is there a german imprint on the startup world . We all think of silicon valley. Were here october. First, everyone is wearing traditional where what is the german characteristic of the german empress reading your opinion, brent on the start up. See, for sure, i think our imprint is delivering, delivering what we promised we do receive Rate Companies coming out of germany. And right now might just name it like to loan us housing like so many more. And these are huge companies, and i personally believe they will become global citizens out of germany. And that is where they cool. Well yeah, so what we could do better probably is the story telling what the american su perfectly. So executors and felix are said plus the storytelling. And we uh read you um on the top. So as you can see, there case still a lot of optimism here, obviously a festival atmosphere right now, despite what has been really difficult time for many startups. Steven variously as a best unimpressed soul festival in munich. And without where at the end of the show for more, you can always log onto the w dot com slash business for me in the team is by taking the check off gold store from the one of mankinds oldest ambitions to be within re what is it really is possible to reverse the researchers and scientists all over the world for you know, race against time. They are peers and rivals with one daring goals to help smart nature. The more likes watching it. 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