Wednesday, 15 June 2022

Germany prepares to set up hydrogen accord with Australia | WTVB | 1590 AM · 95.5 FM | The Voice of Branch County

Germany prepares to set up hydrogen accord with Australia | WTVB | 1590 AM · 95.5 FM | The Voice of Branch County

Australia wants to develop a clean hydrogen and ammonia production chain to cut carbon, depart from fossil fuels and build up new export markets, Taylor said in an interview for Reuters events in May. The two countries can take advantage of Australia’s limitless solar resources and employing German electrolysis technology, said Altmaier. Karliczek said her ministry will fund a technology incubator called HyGate with 50 million euros ($60.53 million) over three years to test technologies from production through to storage and transportGermany’s 9 billion euro hydrogen strategy launched last summer, which is embedded in wider European Union strategies, is based on the assumption that some 80% of its hydrogen requirements may have to be imported in the long term.

 


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