UK and Germany sign agreement to help accelerate the development of an international hydrogen industry.
- Technology, trade and economies will be boosted by a new partnership
- Two key hydrogen powers collaborate to advance the energy source’s future
- Lord Callanan and State Secretary Nimmermann sign declaration in Berlin
A new important agreement between the UK and Germany could help to accelerate the development of an international hydrogen industry – with the 2 countries at the cutting edge of its development.
Signed today at the UK Embassy in Berlin, by Minister for Energy Efficiency and Green Finance Lord Callanan and Federal Republic of Germany’s State Secretary for Energy Philip Nimmermann – a Joint Declaration of Intent will see the UK and Germany work together to underpin the international trade in hydrogen.
The 2 governments will also accelerate the role of low-carbon hydrogen in their nations’ energy mix, showing the world how to expand new, net zero-friendly markets. They committed to work together to further advance ground-breaking and renewable hydrogen technologies, supporting jobs and low-carbon investment.
The partnership follows significant investment by both countries in the development of hydrogen as an alternative fuel. In the UK, the government is supporting new low-carbon hydrogen production with capital from the £240 million Net Zero Hydrogen Fund and revenue support from the Hydrogen Production Business Model. In Germany, the government is also supporting the implementation of the National Hydrogen Strategy with funding from the Climate and Transformation Fund, providing a push for the ramp-up of a hydrogen market.
Business Opportunities for the Hydrogen Economy
