Despite the collapse of the German three-party coalition government, the potential of the nation’s hydrogen industry remains robust according to Charles River Associates’ (CRA) Dieter Keller-Giessbach.
Spain, Lithuania and Austria will launch national renewable hydrogen auctions under a European Commission initiative, earmarking a combined up to €836m ($883m).
Calling for stakeholders globally to scale up hydrogen by offering demand creation, standards and certification, finance, capacity building, trade, R&D and sustainability, the declaration launched ahead of COP is not part of official negotiations.
Europe’s restrictions on Chinese electrolyser imports will drive up green hydrogen project costs and further impede project development across the bloc, says Norwegian-headquartered HydrogenPro.
ESB will investigate green hydrogen production in Ireland and potential export routes to Germany under a new partnership between the two nations, known as HYreland.
The European Commission’s President Ursula von der Leyen has confirmed the second European Hydrogen Bank (EHB) auction will be held in December (2024).
The collapse of Germany’s three-party coalition government, following Chancellor Olaf Scholz’s dismissal of a key minister, has cast uncertainty over the nation’s ambitious plans to advance its hydrogen economy.
As hydrogen faces a shifting policy landscape, industry stakeholders appear ready to adapt, balancing optimism with caution.
“Green projects are more of a concern given the new political context in the US.”
Donald Trump has passed the 270 electoral college vote threshold to win the keys to the White House and will become the 47th President of the United States.
