The German research minister has announced a €300m investment into hydrogen-based energy technology in a bid to squash carbon emissions.
As part of the Energiewende, Germany’s transition to non-nuclear, sustainable power sources, the Ministry of Education and Research will pump at least €300m euros more into research on green hydrogen by 2023. €180m in ministry funds were already allocated to such research in the coming years.
In 2017, Global Carbon Atlas estimated that Germany contributed to 799 metric tonnes tonnes of CO2 being released into the environment. Germany is the 6th largest contributor to the the global CO2 crisis. When CO2 remains in the atmosphere it leads to global warming, ocean acidification and poor air quality. This emergency has resulted in many countries, like Germany, implementing policies and reserving funds to target carbon emissions.
The new influx of funds comes after the government cabinet approved its draft legislative “climate package.”
“We will increase the intensity of our research into green hydrogen, that is, hydrogen produced by the sun and wind,” said Federal Minister of Education and Research Anja Karliczek. “Green hydrogen is the energy carrier of the future and a key foundation needed for us to meet our climate goals.”
In July, Federal Economic Affairs and Energy Minister Peter Altmaier announced 300 million euros of his own to support hydrogen research and has promised that Germany will become the “world number one” in hydrogen technologies.
“By the end of this year, the government will decide on a hydrogen strategy with which we will create the conditions enabling businesses to further develop its industrial potential,” Altmaier said on Wednesday.
With Wednesday’s announcements, the two ministries have pledged 780 million euros to this research.
“Hydrogen technologies offer enormous potential for the Energiewende, climate protection and new jobs,” says Germany Trade & Invest (GTAI) Director of Energy, Construction and Environmental Technologies Esther Frey. “This initiative shows how serious Germany is about supporting this technology. It should provide a major boost to this sector.”