Formed in November 2020, the alliance functions as an important platform for hydrogen exchanges between Australia and German stakeholders helping to support cooperation in the field of hydrogen.
Read more: Australia-Germany consortium to analyse hydrogen supply chain in new study
Read more: Australia-Germany deal could drive down the cost of new hydrogen technologies
Germany has recognised Australia’s immense potential for hydrogen production with an abundance of renewable power sources and thus Germany’s stakeholders could help offer technological expertise to support the growth of hydrogen in the nation.
In working together, Australia and Germany can both reach net zero-emission targets outlined in both of their strategies.
Daniel Schmand, Global Head of Trade Finance & Lending and Institutional Cash Management at Deutsche Bank, said, “Establishing partnerships is key in order for Germany to execute its ambitious National Hydrogen Strategy and as a global bank, we have an important role to play in helping to bring together key international industry players.
“With the significant opportunity present in Australia’s hydrogen sector, we are delighted to join as a presenting partner of this Alliance, once again cementing Deutsche Bank’s leadership in sustainable finance globally.”
Peter Connor, Head of Corporate Bank for Australia at Deutsche Bank, said, “As a leading international bank for ESG solutions in Australia, we leverage our global network and expertise to help clients execute their own sustainability strategies.
“For us to achieve this, we must play a role in helping to develop and drive investments into emerging sectors and we are delighted to be doing just that with the German-Australian Hydrogen Alliance, in partnership with AHK Australien.”
US DOE, General Motors, Microsoft and Plug Power
What does the US Department of Energy (DOE), General Motors, Microsoft and Plug Power have in common? They’re all speaking at H2 View’s North American Virtual Hydrogen Event in October. Will you be joining us on October 19?
North America is in a prime position to lead efforts in decarbonisation, but it still has great distances to travel. The region has been giving chase in a race to green hydrogen dominated by Europe and Asia-Pacific. If policymakers and industry can work together and take the right steps to realise a hydrogen vision, the region is perfectly placed to expand its global energy leadership at scale and speed.
What lessons can be learned from Europe’s policymakers? What are the challenges to be overcome? What are the strengths and opportunities? How can North America go from giving chase to taking a lead in hydrogen? These are all questions our virtual event will address across H2 View’s four pillars of Mobility, Power, Policy and Technology.
Further information on the event, agenda and confirmed speakers can be found here.
To book your virtual delegate pass, click here.