Dutch prime minister Mark Rutte and German chancellor Olaf Scholz
Netherlands to hold €300mn green hydrogen import auction through H2Global
Dutch government agrees to synchronise upcoming green hydrogen derivates tender with Germany; Austria, Belgium also in talks
The Dutch government has agreed to fund a €300mn ($327mn) auction window through the German-led H2Global initiative to import green hydrogen derivatives. The Austrian and Belgian governments are also in talks to join the initiative, H2Global CEO Timo Bollerhey tells Hydrogen Economist. “The European Commission also remains interested in utilising H2Global as a green hydrogen auction platform,” he adds. The Dutch participation is the first investment from another state into the €4.5bn H2Global initiative, which has been backed by the German government since 2021 but which aims to expand into a Europe-wide green hydrogen trading system. €900mn – German budget for first three H2Global ten
Also in this section
6 December 2023
COP28 declaration aims to unleash global trade through alignment of national certification systems
5 December 2023
Supply chains face short-term challenges but not fundamental barriers as clean energy technologies scale
1 December 2023
Aircraft of varying sizes and in varying regions are likely to use different technologies to decarbonise, making regulation challenging
30 November 2023
International investors are looking to exploit Morocco’s increasingly well-recognised potential to be one of the world’s top producers
