Massive boost for green hydrogen exporters as Germany allocates €3.5bn to H2Global auction subsidies

Total public funding for H2 import subsidy programme now approaches the €5bn capitalisation promised by Berlin

German vice-chancellor and federal minister for economy and climate action Robert Habeck. — German vice-chancellor and federal minister for economy and climate action Robert Habeck.Photo: BMWK

Rachel Parkes

Published 12 February 2024, 13:10Updated 13 February 2024, 13:48

Germany Subsidies Ammonia Green H2