Germany and Netherlands cast net wider for hydrogen imports
Two governments launch global tender, while Germany increases funding for regional supplies as efforts to secure imports intensify
Germany and the Netherlands have ramped up their efforts to secure long-term imports of green hydrogen and other derivatives. Both countries are set to formally invite bids from potential EU-compliant green hydrogen suppliers across all non-EU regions of the world via a “Global Lot” auction, operated via the state-backed H2Global vehicle. H2Global offers long-term offtake deals to hydrogen developers outside the EU, giving projects revenue certainty, which helps them to achieve FID. The hydrogen will then be auctioned off to offtakers in Germany and the Netherlands. Germany and the Netherlands have both agreed to apply greater flexibility to the funding periods offered to suppliers, accordin
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