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Stuart Penson
12 January 2022
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Germany ramps up clean energy targets

New coalition government targets huge expansion of renewables and green hydrogen as it chases emissions reduction goals

Germany’s new coalition government has set out a strategy to accelerate the country’s deployment of renewable power and green hydrogen as part of a plan to triple its emissions reduction rate between now and 2030. Germany faces an “enormous climate policy challenge” and needs to achieve annual emissions reductions of 36-41mn t over the period to 2030 compared with an average of 15mn t over the last decade, the government says. Emissions rose in 2021, and Germany is expected to miss current reduction targets for this year and 2023. 120-150pc – Targeted expansion of renewables capacity by 2030 "We are starting with a drastic deficit," says minister for economic affairs and climate acti

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Also in this section
Chevron eyes energy transition
25 May 2022
Chevron New Energies will help the firm decarbonise and develop new lines of business to accelerate the transition, incoming vice-president of hydrogen tells Hydrogen Economist
Alberta doubles down on hydrogen
25 May 2022
Energy minister tells Hydrogen Economist that all forms of low-carbon hydrogen will be needed
Adnoc takes 25pc stake in H2Teesside design
24 May 2022
Announcement is part of a series of agreements between BP and UAE firms to work together on hydrogen projects
Lhyfe green hydrogen IPO raises €110mn
24 May 2022
Portuguese energy group EDPR among anchor investors as French company lists on Euronext stock exchange in first European hydrogen IPO since outbreak of war in Ukraine

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