Germany Initiates €900-million H2 Global Project
The German parliament has approved a supplemental budget directing nearly EUR one billion to the foreign-directed component of the country’s massive National Hydrogen Strategy. The programs funding scope was also extended over the next decade. The project will commence this year.
In an article in business newspaper Handelsblatt, the head of the German Hydrogen and Fuel Cell Association, Werner Diwald, called the parliamentary approval “an important milestone for the industrial scaling-up of the German hydrogen industry.” He added that the funds would allow up to 500 megawatts of electrolyzers to produce some 40,000 tons of green hydrogen per year.
In order to reach its ambitious hydrogen and environmental targets Germany will have to import large amounts of hydrogen from aboard. One focus is on countries in Northern Africa. H2 Global is aimed at helping to establish long-term relationships between hydrogen suppliers abroad and customers in German industry.
“Morocco is one country that’s nearly certain to profit from cooperating with Germany on hydrogen, but it’s hardly the only one,” says Germany Trade & Invest hydrogen expert Heiko Staubitz. “There will be talks with lots of countries, and the plan to build hydrogen plants abroad directly on site.”