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Your company is already operating in Germany and you would now like to export worldwide?
Hydrogen
The German government has just presented its hydrogen strategy, which Germany's Covid-19 economic recovery package will fund with an additional EUR 7 billion - a huge sum of money.
The aim is to make Germany the leading supplier of hydrogen technology worldwide. The strategy covers the development of hydrogen production plants and their demonstration on an industrial scale.
We are going to see a lot of movement in this space in the coming years in Germany.
A total capacity of 5 GW, including the necessary offshore and onshore energy generation, is to be built by 2030. An additional 5 GW will be added by 2035 if possible or by 2040 at the latest. The coalition aims to promote the switch from fossil fuels to hydrogen in industrial processes.
A mandatory 10-percent PtL quota for aviation fuel and a demand quota for climate-friendly steel will be examined. The government also wants to promote the direct use of green hydrogen in aircraft engines as well as the development of concepts for hybrid electric aviation.
More from Germany's Covid-19 economic recovery package: