Germany has taken a significant step towards advancing its hydrogen strategy by signing a €24bn loan agreement with KfW to support the construction of a national hydrogen core network. The project, expected to be completed by 2032, will span 9,040 km and facilitate the transportation of hydrogen across the country. The funding will establish an amortisation account to finance the project, ensuring that the costs for users remain affordable. The Federal Network Agency will play a crucial role in regulating network fees and compensating for the high initial investment costs of network operators. The core network project, approved by the BNetzA in October 2024, plans to convert 60% of existing gas lines to hydrogen and construct 40% new lines. This network will not only connect hydrogen clusters within Germany but also consider links to neighboring countries. Additionally, the European Commission's approval of a €3bn state aid scheme in June 2024 demonstrates broader support for Germany's hydrogen initiatives. Overall, this investment marks a significant milestone in Germany's energy transition and economic development, showcasing a positive outlook towards hydrogen as a key player in the country's future energy landscape.