Germany, a leading industrial nation, is making significant strides in establishing a robust hydrogen economy. At the recent Hydrogen Council’s 2024 International CEO Event, German Chancellor Olaf Scholz emphasized the urgency of private sector engagement and outlined the government’s regulatory framework and funding schemes to expedite hydrogen deployment.
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According to German Chancellor Olaf Scholz, Germany will construct new gas-fired power plants that will run on hydrogen as the largest economy in Europe tries to expand its environmentally friendly energy sources.
Berlin has made finding new energy sources a priority as it strives to wean itself from Russian fossil fuels as a result of the Ukraine conflict.
