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Germany to Fund International Green Hydrogen Projects with 350 Million Euros Until End of 2024

By October 5, 2021 3   min read  (414 words)

October 5, 2021 |

Fuel Cells Works, Germany to Fund International Green Hydrogen Projects with 350 Million Euros Until End of 2024

The Federal Ministry of Economics and the Federal Ministry of Research have presented a funding guideline for the financial support of international hydrogen projects (PDF, 151 KB) , which was published yesterday in the Federal Gazette. 

This is another important building block for the hydrogen economy to ramp up successfully. The funding guidelines specifically support projects for the production and processing of green hydrogen and for the storage, transport and use of hydrogen in countries outside the EU via an investment grant for the plants. Companies and research institutions can also submit funding applications for accompanying research projects, studies and training measures.

Federal Minister Altmaier : “The published funding guidelines are a central element in the implementation of the National Hydrogen Strategy. Because in addition to a strong home market, we are also relying on pilot projects from our industry in partner countries for the hydrogen market ramp-up. Here, green hydrogen and its secondary products can be generated efficiently and cost-effectively. At the same time, German companies hold a leading position worldwide in hydrogen technologies. By promoting pilot and reference projects abroad, we are strengthening Germany as an industrial and export location. ”

Federal Minister Karliczek: “Germany remains an energy importer. We therefore need to quickly build up supply chains for green hydrogen from abroad. International cooperation in research and innovation in green hydrogen technologies is an essential pillar of the National Hydrogen Strategy. With this funding guideline, we are providing important impetus to promote the export of hydrogen solutions ” Made in Germany “. ”

The promotion of the international market ramp-up of green hydrogen and the use of German technologies abroad are essential components of the national hydrogen strategy. Hydrogen is considered to be a central element in the implementation of the energy transition, especially in some industrial and transport sectors, the CO2 emissions of which are difficult to reduce.

The aim of the new funding guidelines now presented is to promote the use of German technologies abroad, to make a contribution to the timely and targeted development of a global market for green hydrogen, and to prepare structures for the import of hydrogen.

A total of 350 million euros in funding is available for the period up to the end of 2024. For commercial companies, funding in the form of a non-repayable grant can amount to up to 15 million euros per project and applicant. Projects from research and scientific institutions can each be funded with up to 5 million euros. Joint projects between commercial companies and research institutions are also eligible.

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