First hydrogen cargo into Germany due 2024: H2Global

摘要

Germany’s green hydrogen import initiative H2Global expects physicaldelivery of a first cargo into Germany by end-2024, Timo Bollerheyfrom the H2Global Task Force told S&P Global Platts June 24.Germany’s energy ministry is to provide some Eur900 million ($1.1billion) to H2Global to support the ramp-up of electrolyzer projects.The funds are to cover the difference between 10-year hydrogenpurchase agreements (HPAs) and annual auctions for the supply of thehydrogen derivatives into Germany.