Germany’s Habeck presses EU to ease hydrogen regulations as costs stifle growth: leak
“Many companies have told me that the requirements often do not allow for the economic realisation of projects in Germany,” the leaked letter reads.
“Many companies have told me that the requirements often do not allow for the economic realisation of projects in Germany,” the leaked letter reads.
Final investment decisions (FIDs) on clean hydrogen projects have surged by 90% since last October, but a $335bn financing gap might have put 2030 ambitions out of reach, according to the Hydrogen Council’s latest report.
The Scottish Government has made £7m ($9.2m) of funding available to kick start local green hydrogen projects with production capacities of 5-400MW.
Germany plans to hold an exclusive AUD $660m ($444m) auction for green hydrogen imports into Australia through H2Global funding.
“Setting five-yearly production milestones out to 2050 will provide the trajectory we will need to realise our goal to be a global hydrogen leader,” the strategy reads.
The EU has awarded South Africa two grants worth €32m ($35m) to advance the country’s green hydrogen plans.
The European Commission will support the development of the Namibian green hydrogen industry with three EU-funded programmes worth €53.9m ($59.7m).
Spain has granted a €150m ($165m) subsidy to support one of Cobra’s green hydrogen projects it is involved in, H2 View understands.
“We aim not to sever ties with China. But we will have to restore the balance,” the EU’s head of climate policy said.
KBR will assist in the development of 25GW of green hydrogen and 17GW of renewable energy planned under Kuwait’s national strategy.
