EnergyWatch

Germany supports hydrogen project with EUR 8bn

The German government forwards 62 large-scale hydrogen projects to pan-European initiative IPCEI. We aim to be number one within hydrogen, says economics minister.

Photo: SIEMENS/www.siemens.com/press

At no point in time has Germany obscured its ambitions within green hydrogen. With its large automotive and heavy industry sectors as well as a goal to quit coal, the nation has indicated green hydrogen as the best potential alternative. Now the federal government allocates funds to the purpose, more precisely EUR 8bn.

Friday, the government announces that this is the minimum sum allotted for state subsidy to hydrogen projects through pan-European initiative Important Project(s) of Common European Interest (IPCEI). A total 62 projects have been selected.

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