To this end, the German Federal Ministry for Economic Affairs and Energy (BMWE) will provide up to 200 million euros from the Climate and Transformation Fund (KTF) in the coming years. The Australian government, represented by the Department of Climate Change, Energy, the Environment and Water, is participating to the same extent.
So far, the international ramp-up of hydrogen has mainly failed due to the difference between the high costs of producing renewable hydrogen and the lower willingness to pay of buyers. In the joint German-Australian auction, these difference costs are to be shared equally.
To design the auction and to comply with EU state aid requirements, the BMWE is conducting a public market consultation. The BMWE invites all affected companies to participate in the market consultation. The questionnaire, which describes the measure and poses specific questions to the companies, is available until 16 February 2026.
H2Global is an innovative instrument to promote a timely and effective technology and market ramp-up of green hydrogen and hydrogen derivatives. The implementation and further development of H2Global is carried out by the non-profit H2Global Foundation, whose subsidiary HINT.CO GmbH uses the funds provided to balance any potential difference between the competitively determined supply and demand prices.
In addition to the planned German-Australian auction, Germany is also conducting a joint auction with the Netherlands, with Canada, as well as its own tenders to promote the production of renewable hydrogen.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.