Germany and Australia to run joint H2Global green hydrogen auction

The Federal Ministry for Economic Affairs and Energy (BMWE) and the Australian Department of Climate Change, Energy, the Environment and Water have agreed to develop a joint auction under the H2Global double auction model to support green hydrogen market ramp-up.

• Main announcement: Germany’s BMWE will provide up to 200 million euros from the Climate and Transformation Fund (KTF) in the coming years and the Australian government will participate to the same extent to finance a joint German–Australian H2Global double auction that shares difference costs equally between producers and buyers; the auction is intended to deliver secure purchase agreements and regular price signals.
• Background and implementation details: The BMWE is conducting a public market consultation to design the auction and meet EU state aid requirements; the questionnaire is available in English until 16 February 2026 (link provided). Implementation and further development of H2Global will be managed by the non-profit H2Global Foundation, with its subsidiary HINT.CO GmbH using funds to balance price differences. Germany is also running joint auctions with the Netherlands and Canada and conducting its own renewable hydrogen tenders.