The port city of Hamburg in northern Germany is going to be the site of the construction of Germany’s first terminal for the import of green hydrogen and its derivatives. The terminal is expected to begin operations in 2026, according…
Germany is committing an additional €550 million to green hydrogen collaboration
The government of Germany is establishing two new funds with a total of 550 million euros to support the development of the global hydrogen economy through cooperation, particularly with emerging and developing countries. These funds will be set up by…
Due to the energy crisis, one in ten German companies are at risk of bankruptcy
According to an analysis conducted by the credit information provider CRIF, the effects of the energy crisis and problems with supply chains have put ten percent of German companies at an increased risk of insolvency at the present time. CRIF…
U.S. and German funding will help Egypt reduce gas consumption and increase exports
Egypt, the host nation of COP27, announced in a joint declaration with the United States and Germany that it would “explore” a net zero goal, bring forward its target for the use of renewable energy sources, update its climate plan,…
German industry has shown a keen interest in Egypt’s plans for green hydrogen
German industry hopes to find a dependable long-term replacement for fossil gas from Russia as a result of plans by Egypt’s government and other governments in the region to make northern Africa and the Middle East (MENA) a major exporter…
Germany to cover consumers’ and businesses’ gas payments for December
According to a planned two-stage energy price ceiling suggested by a government-appointed expert panel on Monday, the German state will cover all homes’ and small- to medium-sized firms’ monthly gas bills in December. According to the plan, the one-time full…
Germany is unlikely to meet its climate goals without a “paradigm shift” in policy
Government advisors have cautioned that Germany’s current climate strategy may require a fundamental overhaul if the country is going to meet its targets for the reduction of emissions. During the presentation of the supervisory body’s first overall assessment of climate…
Prior to the government’s decision, experts suggest further actions to mitigate the effects of the rising gas prices
The German government tasked a group of experts with coming up with a plan on how to ease the impact of rising gas prices. The group of experts has proposed additional measures to increase gas supply and lower demand, as…
Germany plans to impose restrictions on the gas price “brake”
An energy relief package, including a gas price brake and a drop in fuel sales tax, was introduced by Berlin one month ago in an effort to assist private consumers as well as small and medium-sized businesses (SMEs). The brake,…
Germany must reduce its gas use by 30% to prevent shortages and maintain energy independence
Researchers from Ariadne, a government-funded network of more than 25 research institutes, assert that Germany can simultaneously pursue significant climate action and strive for long-term energy sovereignty as it seeks a solution to its present energy issue. Energy saving is…