Germany must advance hydrogen CfD plans – advisory body
Long-term support seen as essential for investment planning as industry transitions to low carbon
German advisory body the National Hydrogen Council has called on the government to accelerate a pilot scheme for carbon contracts-for-difference (CCfDs) for industries switching to use green hydrogen and to broaden the scope of the scheme. The council, set up by the government to assess the implementation of the National Hydrogen Strategy, includes senior figures from German firms Siemens, Uniper, Linde and ThyssenKrupp. “CCfDs are a key tool for balancing out higher operating costs” National Hydrogen Council CCfDs, which are included in Germany’s National Hydrogen Strategy, bridge the difference between carbon prices and the cost of deploying clean hydrogen in industrial processes.
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