Germany and Australia sign hydrogen agreements

hydrogen

Germany and Australia have signed a trade agreement for hydrogen.

(Photo: dpa)

Germany and Australia have signed an agreement to establish a trading relationship based on renewable energies. Economy Minister Peter Altmaier and Education and Research Minister Anja Karliczek signed a letter of intent with the Australian Minister for Energy and Emission Reduction, Angus Taylor, to set up a “Germany Australia Hydrogen Accord”, announced the German Ministry of Economic Affairs on Sunday.

The collaboration is about “enabling the import of sustainably produced hydrogen in large quantities, which is an important factor in achieving our stringent climate targets.” Australian Prime Minister Scott Morrison said international collaboration is the key to new energy technologies such as green Bringing hydrogen to market maturity.

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