Mixed outlook for German hydrogen
While the current pace of development is not enough to meet domestic production targets, the country remains attractive for investment amid boosted policy support
The pace of hydrogen project development in Germany has sparked concern within the industry that the country’s domestic goals could already be out of reach. Energy company Eon this week warned Germany could miss its 2030 production capacity targets, with little infrastructure set up to accommodate the massive increase in hydrogen use expected by that year. Only 5.6GW of projects are due to come online by 2030—just over half of Germany’s domestic production capacity target for that year, according to data from the Energy Economics Institute at the University of Cologne (EWI), on which Eon based its analysis. EWI also argues that, despite high natural gas prices throughout 2021 and 2022, green
Also in this section
21 January 2025
The GEI database is tracking nearly 680 active hydrogen projects in Western Europe, with the region accounting for nearly half of the total market share in active hydrogen projects globally
21 January 2025
The new president must put his cards on the table and tell the American people, and the world, if the US is formally abandoning the energy transition
20 January 2025
China and India are leading the region in terms of electrolyser development, while Australia accounts for nearly half of Asia’s active hydrogen projects
17 January 2025
Bank’s UK arm signs first deal to finance a green hydrogen developer, but cost and offtake pressures mean the sector remains too risky for many lenders