EU approves Germany's €5bn subsidy scheme for industries to switch to hydrogen, carbon capture and electrification

The scheme will offer two-way carbon contracts for difference, awarded through an auction based on the lowest aid per tonne of CO2 avoided

A flag in front of the German Reichstag
A flag in front of the German ReichstagPhoto: Shutterstock
Published 24 March 2025, 13:32Updated 24 March 2025, 13:32
GermanyEUEuropeindustry decarbonisationElectrification