Hydrogen Strategy – German Parliament Passes Law On Material Exemption From Electricity Surcharges

On 10 June of 2020, the German Federal Ministry of Economics and Energy released its National Hydrogen Strategy (Nationale Wasserstoffstrategie) (German Hydrogen Strategy) as a part of the Covid-19 actions to strengthen the economy. The German government sees this strategy as a central component of the on-going energy system transformation and stresses hydrogen to be a versatile energy carrier, a possible energy storage medium, an essential element for sector coupling as well as indispensable...
By: Allen & Overy LLP

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