Germany to set up hydrogen accord with Australia

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Construction site of the IMWS electrolysis platform, in Leuna, eastern Germany. (AFP)

https://arab.news/wghxc-Reuters

Germany’s €9 billion hydrogen strategy launched last summer is based on the assumption that some 80 percent of its hydrogen requirements may have to be imported in the long term

FRANKFURT: Germany on Sunday said it has taken steps toward a bilateral alliance on hydrogen production and trade with Australia to try and facilitate a renewable energy-based hydrogen supply chain between the countries.

Economy Minister Peter Altmaier and Education and Research Minister Anja Karliczek signed a letter of intent to set up a “Germany Australia Hydrogen Accord” with Australian Energy Minister Angus Taylor, the Economy Ministry said in a press release. It said the cooperation was about enabling “the import of sustainably produced hydrogen in relevant volumes, which is an important factor to reach our tighter climate targets.” Australia wants to develop a clean hydrogen and ammonia production chain to cut carbon, depart from fossil fuels and build up new export markets, Taylor said in an interview in May.

The two countries can take advantage of Australia’s limitless solar resources and employ German electrolysis technology, said Altmaier.

Karliczek said her ministry will fund a technology incubator called HyGate with €50 million ($60.53 million) over three years to test technologies from production through to storage and transport. Germany’s €9 billion hydrogen strategy launched last summer is based on the assumption that some 80 percent of its hydrogen requirements may have to be imported in the long term.

 

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