After 100 days of the new federal government, the gas and hydrogen economy welcomes the announcements in the federal budget and measures such as the Germany fund. However, without concrete funding instruments and clear tendering modalities for new gas power plants, the hydrogen high run and the establishment of a CO2 market stalls. The cabinet decision to amend the carbon dioxide storage law (KSPG) must now be implemented quickly.
According to the association, the first months of the new legislative period show: The federal government’s energy policy course goes in a right direction, but offers light and shadow. The special fund “infrastructure and climate neutrality” and the announced Germany fund open up scope for record investments into transformation, but there are no decisive course. “It is not enough to only write investment sums in the household – we now need concrete funding instruments very quickly so that private capital can flow into networks, memory and sector coupling,” emphasizes Bergt, Head of Public Affairs from the gas and hydrogen economy.
Increase capacity tenders urgently
The association particularly critically evaluates the continued power plant strategy. Hydrogen -capable gas power plants are said to fill the planned hydrogen kernel network as reliable anchor customers, secure the market stroke and balance volatile renewable power generation. “The tender for the planned H2-Ready capacities have been overdue for almost three years. Without clear guidelines for performance remuneration, there are no new projects. Every delay brakes the hydrogen highcase and threatens to delay coal exit,” says Bergt.
Now quick legal certainty for CCU/s
From the point of view of the association, a positive signal is the cabinet decision to amend the carbon dioxide storage law (KSPG). This forms the basis for a CO2 market and for Carbon Capture and Storage (CCS) in Germany. It is now crucial that the legal framework is implemented quickly and open technology. “CCU/s is more than a technical option – it is a real location factor for an industrial nation. Now you need a clear legal framework so that companies can invest and climate protection with competitiveness,” summarizes Bergt.
The gas and hydrogen economy eV
Neustadt Kirchstrasse 8
10117 Berlin
OTS original text press release with the exclusive in terms of content of the sender – www.ots.at | Eun