Massive Interest in German Government H2 Aid
Germany’s Ministry for Economic Affairs and Energy has noted with satisfaction that as of February 19 some 200 project sketches had been filed for government assistance for developing hydrogen energy.
The ministry has allocated EUR 2.1 billion to subsidize projects as part of its National Hydrogen Strategy and its stated drive to become the “world number one” in the sector. The Ministry of Transportation and the sixteen regional states that make up the Federal Republic of Germany will also be providing additional funds of their own.
The Economics Ministry didn’t release the names of the applicants, but they include some business powerhouses. Uniper and Siemens Energy previously announced that they had applied for support for a project involving the production of climate-neutral hydrogen and heat in Hamburg. Thyssen-Krupp Steel also said it had requested aid in its bid to transition to climate-neutral, hydrogen-based steel production.
The projects Germany decides to fund are to fall under the European Commission’s “Important Projects of Common European Interest“ (IPCEI) and will be networked be networked with other EU initiatives. The Economics Ministry says it hopes to reach initial decisions on the applications before the government takes its summer break.