As part of its stimulus package, Germany intends to expand the role of green hydrogen to help end the country’s reliance on coal. The government agreed on a plan that will cost €9 billion.
Hydrogen’s huge advantage is that it can be more easily stored than other forms of renewable energy and for longer periods of time, which is why it is a key part of Germany’s energy transition (Energiewende) strategy, as the country seeks to become carbon neutral by 2050. Last week, the government announced that it aimed to have 5 GW of hydrogen production capacity by 2030, with another 5 GW a decade later.
The hydrogen commitment is part of some €40 billion earmarked for climate-related spending. German Transport Minister Andreas Scheuer said he wanted his country to become a leading hydrogen producer in Europe and that greener mobility concepts could be accelerated that way.