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
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