The Germans have woken up to hydrogen's potential due to several factors. First, the availability of large quantities of cheap electricity due to the installment of wind turbines and solar panels improves the business case for green hydrogen. Second, Germany requires green hydrogen to decarbonize its industry. Thirdly, Berlin is aware of the watershed moment and the potential to become a global powerhouse for hydrogen-related technologies. Therefore, policymakers recently unveiled a €9 billion (approximately $10.2 billion) economic stimulus package to kick-start the hydrogen economy.
