Germany and Australia on Sunday 13 June 2021 signed a bilateral alliance on hydrogen production and trade to try to facilitate a renewable energy-based hydrogen supply chain between the two countries.
Economy Minister Peter Altmaier and Education and Research Minister Anja Karliczek signed a letter of intent to set up a "Germany Australia Hydrogen Accord" with Australian Energy and Emissions Reduction Minister Angus Taylor, the German Economy Ministry said in a statement.
Germany's 9 billion-euro ($10.9 billion) hydrogen strategy launched last summer, which is embedded in wider European Union strategies, is based on the assumption that some 80% of its hydrogen requirements may have to be imported in the long term.
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