In order to support the global market ramp-up of green hydrogen via purchase contracts and price signals, the Federal Ministry for Economic Affairs and Climate Action is providing up to €3.53 billion from the Climate and Transformation Fund for the H2Global hydrogen funding programme in the coming years.

To this end, bids are being invited in a competitive auction for international contracts to supply green hydrogen. In a second step, the purchased products will be sold on in Germany; the Federation assumes the risk that not all the higher costs incurred for green hydrogen will be covered by the market. HINT.CO GmbH is managing the bidding process.

A second auction is currently being planned. It is a further development of the first round of the H2Global instrument, which was launched in 2022, for which up to €900 million had been earmarked.

The Federal Ministry for Economic Affairs and Climate Action is carrying out a public market consultation regarding the design of this second auction and compliance with State aid rules. The consultation is taking place in the form of a questionnaire describing the measure and listing specific questions for the companies. All relevant companies are welcome to take part in the market consultation.

The questionnaire can be found via the following link until 22 July 2024.