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Germany launches a tender for Carbon Contracts for Differences (CCfD) to assist the energy transition of industries

The tender aims to target emission intensive industries such as glass, steel, cement and chemicals by offering them CCfD payment to reduce the cost gap between conventional and low carbon methods of production like electrification, DRI facility, hydrogen-compatible furnace, etc.
A total budget of €22 billion has been allotted with €4 billion for Round 1 providing subsidies for 15 years with a maximum budget of €1 billion per company. The scheme is targeted for small to medium players and directly promotes the uptake of hydrogen (specifically green hydrogen) in industry. The scheme doesn't incentive the production of hydrogen, and industrials can stack CCfD subsidy and hydrogen purchase incentives such as the one provided by the H2 Global initiative.
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Here are some publications that may interest you

Water for hydrogen production: Building a sustainable hydrogen industry - Yamna
Water for hydrogen production: Building a sustainable hydrogen industry

Water is required as an input for production and as a cooling medium for all types of hydrogen production. Currently,…

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The Green Ammonia case

Ammonia, an important feedstock to our economy as it is the 2nd most produced chemical by mass, after sulphuric acid…

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Green steel to boost Europe’s industrial decarbonisation
Green steel to boost Europe’s industrial decarbonisation

European steel and metals Industry is at a crossroads. Steel remains one of the most carbon-intensive industries, responsible for 5%…

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The Green Fertiliser case

Today's food security is supported by one of the most polluting sectors: the fertilizers industry. Along with the numerous green…

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Port Decarbonisation – A Case Study for hydrogen

The global maritime sector is set to grow threefold by 2050 and is already responsible for 3% of the global…

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The Carbon Border Adjustment Mechanism (CBAM) starts entering into effect on the Oct 1, 2023

The European Union's Carbon Border Adjustment Mechanism (CBAM) starts entering into effect on October 1, 2023.This new tool seeks to…

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