Germany Funds €4.6bn for Green Hydrogen Projects: Boosting Infrastructure Development
Key Ideas
- Germany approves €4.6bn funding for 23 green hydrogen projects under the IPCEI scheme to enhance hydrogen production, storage, and pipeline infrastructure.
- Federal Minister emphasizes the importance of hydrogen infrastructure for decarbonization of industry and energy sector, highlighting the role of hydrogen pipelines.
- The funding supports projects like electrolysis plants, pipelines, hydrogen storage facilities, and the use of liquid organic hydrogen carriers, contributing to climate-neutral growth.
- Projects involve collaborations within Germany and cross-border initiatives like the German-French pipeline project, showcasing the advancement in green hydrogen technology.
Germany has allocated €4.6bn in funding for 23 green hydrogen projects as part of the Important Projects of Common European Interest (IPCEI) scheme. These projects aim to boost hydrogen production capacity, hydrogen storage, pipeline infrastructure, and the utilization of liquid organic hydrogen carriers (LOHC). The federal government will provide 70% of the funding, with contributions from states like Lower Saxony, North Rhine-Westphalia, and Micklenburg-Western Pomerania. This initiative is part of the broader EU-wide €6.9bn third IPCEI Hy2Infra scheme supporting 33 projects across several European countries. Federal Minister for Economic Affairs and Climate Protection, Robert Habeck, highlighted the significance of efficient hydrogen infrastructure in decarbonizing industries and the energy sector, emphasizing the crucial role of hydrogen pipelines. The funded projects include electrolyser plants, pipeline developments, hydrogen storage facilities, and innovative approaches like the use of LOHC. Collaborations between companies within Germany and international partners, such as the mosaHYc German-French cross-border pipeline project by Creos Deutschland and ENGIE, reflect the advancements in green hydrogen technology. The funding aims to drive climate-neutral growth and establish a robust foundation for the hydrogen economy in Germany and Europe.