Published by Todd Bush on December 2, 2024
The development of a green hydrogen market in Germany still depends heavily on public spending, utility E.ON said on Friday. The share of projects under construction or equipped with final investment decisions has risen to 9% from 3% of the 2030 target of 11.3 gigawatts (GW) of electrolysis capacity, E.ON said.
The only factor accelerating this progress has been the support pledged under government schemes, according to research conducted by E.ON in collaboration with the EWI energy research institute.
>> In Other News: dynaCERT Announces Positive Growth with New and Repeat Orders, Expanding Industry Adoption of HydraGEN™ Units
WHY DOES IT MATTER?
Germany aims to develop electrolysis capacity to produce its own green hydrogen using wind and solar power. This effort seeks to clean up carbon-heavy industries like steelmaking and cement, replacing fossil fuels.
However, E.ON noted that rigid or missing hydrogen regulations leave potential investors uncertain about the emerging value chain. High electricity prices further make future hydrogen costs appear prohibitively expensive.
Failure to transition to hydrogen could mean Germany’s industries miss out on opportunities to compete with global players like the United States and China.
BY THE NUMBERS
Domestic electrolysis capacity has grown approximately 68% since spring, reaching 111 megawatts (MW), the research revealed. E.ON also said the Berlin government’s targets for adequate import facilities by 2030 might still be achievable.
The government predicts hydrogen demand of 95-130 terawatt hours (TWh) annually by 2030, with 50%-70% expected to come from imports. Plans for a core hydrogen pipeline grid, designed to complement seaborne imports, have secured a 24 billion euro ($25.31 billion) loan from state lender KfW.
KEY QUOTES
"The run-up of the hydrogen economy remains weak," E.ON said.
"Only the support pledges under the Important Projects of Common European Interest (IPCEI) are boosting increases in production capacity and in investment decisions."
($1 = 0.9481 euros)
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🏭 CF Industries Announces Start-up of Donaldsonville Complex CO2 Dehydration and Compression Unit, Permanent CO2 Sequestration 📉 EIA: US Biodiesel And Renewable Diesel Imports Fa...
Inside This Issue 💧 Hydrogen Hubs Hit $10B by 2035: The Real Projects Behind the Numbers 🛑 Shell Scraps Construction of Biofuels Plant in Rotterdam ⚙️ Carbon Capture Made Scalable: Decarbontek Deb...
Inside This Issue ✈️ Qantas Boosts Investment in Sustainable Aviation Fuel with AU$100 Million Commitment 🌊 World’s Largest Facility to Remove Ocean CO2 to Open in Singapore ⚖️ North Dakota Suprem...
Hawaiian Airlines on Aug. 29 announced it will be incorporating sustainable aviation fuel (SAF) on flights between Osaka, Japan, and Honolulu, Hawai‘i under a sales agreement between parent company...
Brossard, Quebec, September 4, 2025 – TheNewswire - CHARBONE HYDROGEN CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the “Company” or “CHARBONE”), a company focused on green hydrogen production an...
Sierra Club’s Mike Brune and DOE’s Grant Faber bring policy and market expertise to strengthen independent quality assurance for carbon removal SAN FRANCISCO, Sept. 05, 2025 (GLOBE NEWSWIRE) -- Ab...
Michigan Senate Approves Carbon Capture Legislation
Michigan bills to let the state permit carbon capture and storage projects passed in the state Senate Thursday. Carbon sequestration is the process of storing carbon dioxide emissions, often underg...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.