Scholz to galvanize hydrogen boom

”We will create a huge boom,” the German Chancellor says in a speech.
Photo: Michele Tantussi/REUTERS / X03942
Photo: Michele Tantussi/REUTERS / X03942

German Chancellor Olaf Scholz sees a huge potential in green hydrogen, calling it the future of gas.

”We will create a huge boom,” says Scholz Tuesday in a copy of a speech that Reuters has obtained, set to be held at a conference.

Scholz further notes that Germany is well positioned to get through the winter despite reductions in gas deliveries from Russia.

This is due to a number of initiatives and measures, including extending the lifecycle of two nuclear power plants.

At the same time, gas inventories in Germany are at a higher fill levels than at the same time last year and ”will continued to be filled before the winter,” Scholz adds in the speech.

Germany keeps nuclear plants in reserve to buffer potential power shortage

German government prepares third financial aid package

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading


See all jobs