Monday, 18 April 2022

German cabinet approves hydrogen strategy, sets 14 TWh target by 2030 | S&P Global Commodity Insights

German cabinet approves hydrogen strategy, sets 14 TWh target by 2030 | S&P Global Commodity Insights

The German cabinet has approved a national hydrogen strategy focused on support for electrolysis, targeting 14 TWh of renewable hydrogen production by 2030, it said June 10. 
On June 3, the cabinet approved a Eur7 billion ($7.8 billion) package to reach 5 GW of electrolysis capacity by 2030. Some 2 GW of this could be realized through quotas for green hydrogen used in refineries.
 The government estimates German demand for hydrogen could as much as double from a current 55 TWh (mainly grey hydrogen) to a range of 90 TWh-110 TWh by 2030.



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