Dutch government to join German hydrogen import scheme
The Netherlands is in talks to get involved in the H2Global scheme, aiming to take part in the second round of tenders
The Dutch government is in discussions to contribute financially to a €4.5bn ($4.3bn) German initiative to attract green hydrogen imports, the continent’s first attempt at organising a traded hydrogen market. The H2Global initiative received an initial German government backing of €900mn late last year to set up an auction system for sellers and buyers of green hydrogen. While spearheaded by Germany, the initiative is intended to become a Europe-wide instrument for attracting green hydrogen imports to the continent. The Netherlands is now the first governmental partner to join the initiative. “Discussions will start shortly with H2Global and the German [Federal Ministry for Economic Affairs
Also in this section
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
15 January 2025
The country’s technology-neutral position and competitive business environment mean it is looking to be surfing the second wave of the energy transition while others are still grappling with the first
14 January 2025
With abundant wind and sunshine, Africa is poised to lead in green hydrogen production. Yet high costs and financing challenges require global partnerships to unlock the continent's potential
14 January 2025
The continent’s largest economy sees an opportunity to join the global export market, but funding gap and lack of regulatory framework present challenges