Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

In this list
Coal | Electric Power | Oil

German e-bus subsidy program hits 1,000 milestone with Hamburg deal

Commodities | Energy | Electric Power | Emissions | Renewables | Energy Transition | LNG | Natural Gas | Oil | ESG

What is the future for gas in Europe amid the EU's green push?

Electric Power

Platts Forward Curves – Gas and Power

Electric Power | Renewables | LNG | Infrastructure Utilities

Caribbean Energy Conference, 21st

Petrochemicals

FACTBOX: MEGlobal restarts Texas MEG unit; TPC expects longer restart timeline

Electric Power | Renewables | LNG | Natural Gas

Fuel for Thought: For green hydrogen to catch up with blue, it's a long ride in India

German e-bus subsidy program hits 1,000 milestone with Hamburg deal

Highlights

Eur47 million for 96 e-buses in Hamburg

Total Eur620 million for e-bus rollout

Ambitious public transport targets

London — Germany's government is now supporting over 1,000 new electric buses for public transport operators with a total Eur620 million ($730 million) in subsidies, the environment ministry said July 31.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The Hamburg transport authorities received Eur47 million support for 96 new e-buses, accounting for 80% of the additional costs of an e-bus compared to a conventional diesel bus as well as 40% of the new charging infrastructure, it said.

State Secretary Jochen Flasbart said electro-mobility and public transport were the two central elements for climate protection in the transport sector to achieve legally binding emissions targets by 2030.

The federal environment ministry is now supporting over 1,000 e-buses with more to come later this year.

The biggest single projects were currently Wiesbaden (120), Berlin (120), Osnabrueck (62) Nuremberg (52) and Hanover (48), it said.

Germany's existing fleet of over 50,000 public urban transport buses was emitting some 4 million mt/year in CO2 emissions, according to a report.

German transport emissions cuts have been lagging behind other sectors such as electricity with 2018 transport emissions of 162 million mt CO2 barely below 1990 levels.

For 2030, the climate law set a target of 95 million mt for transport.