The competition for the energy source is picking up speed: the Biden government is promoting the development of a hydrogen industry with tax breaks. Not only in Germany is the fear of being left behind growing.
Jorgo Chatzimarkakis says he saw angry reactions from the Egyptians. The European Union wants to obtain hydrogen from the North African country in the future and signed a declaration of intent on the sidelines of the World Climate Conference. Nevertheless, the managing director of the Hydrogen Europe industry association saw dissatisfied and sometimes perplexed hosts at his meeting in Sharm el-Sheikh. Because the international competition for this future market is picking up speed and Europe must be careful not to alienate its potential partners by procrastinating and hesitating.