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

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list
Electric Power | Natural Gas | Oil | Metals

Germany agrees hydrogen strategy to kickstart electrolyzers for 2030s

Commodities | Energy | Electric Power | Renewables | Natural Gas

Hydrogen: Beyond the Hype

LNG | Natural Gas | NGL

Platts LNG Alert

Electric Power | Renewables | LNG | Infrastructure Utilities

Caribbean Energy Conference, 21st

Coal | Thermal Coal | Petrochemicals

Indonesia sets August HBA thermal coal price at $50.34/mt, down 30.7% on year

Germany agrees hydrogen strategy to kickstart electrolyzers for 2030s

Highlights

5 GW electrolyzer target for 2030, 10 GW 2035, 15 GW 2040

$10 bil support, carbon CfDs, tenders to kickstart H2 economy

Strategy details to be published mid-June: Altmaier

London — Germany's government has agreed the details of the national hydrogen strategy with $10 billion to be set aside in the federal budget to kickstart growth in electrolysis capacity for renewable hydrogen production, energy and economy minister Peter Altmaier said June 4.

Not registered?

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

Register Now

The final details of the strategy, delayed by coalition disputes since late 2019, were agreed overnight with the finance minister and will be published either next week or the week after, Altmaier said presenting aspects of the $145 billion coronavirus recovery plan.

The framework of the hydrogen strategy is already outlined in the green recovery plan which states the aim to make German a leader in hydrogen technology with Eur7 billion ($7.9 billion) to be set aside for the national strategy and a further Eur2 billion to boost hydrogen technology outside Germany, it said.

Up to 5 GW of electrolyzer capacity are planned by 2030 including offshore, it said.

A further 5 GW each are planned by 2035 and 2040 respectively, it added.

Support for hydrogen production will include tenders for electrolyzer capacity focusing on a switch from fossil energy in large industrial processes, it said.

Federal support is to focus on all regions with some German states already having their own support programs for hydrogen.

So-called Carbon Contracts for Difference are set to play a key role in assigning support for pilot projects.

The government plans to exempt electricity used for green hydrogen production from the green power levy (EEG Umlage), it added.

Quotas would be reviewed for green kerosene as well as green steel, it said.

Hydrogen-ready gas-fired power plants will receive additional support under the CHP law.

Hydrogen for heavy vehicle transport will be supported through refueling stations.

Regulatory frameworks for a hydrogen infrastructure will be implemented rapidly, the coalition plan said.

The government also plans to invest Eur2 billion in German electrolyzer capacity in countries where production of green hydrogen is more cost-efficient than in Germany itself.