Europe’s nascent hydrogen industry is ready to battle the European Commission over a new set of rules, with business arguing that the proposals from Brussels will strangle growth of the clean fuel.
Hamburg-based Mabanaft Group — via its subsidiary Oiltanking Deutschland — and the US’s Air Products & Chemicals Inc. have drawn up plans to build a facility for converting ammonia into hydrogen at the German port by 2026. But the project is stalled amid ongoing discussions with the EC, according to people familiar with the issue.
The tussle is important because hydrogen — which is converted into liquid ammonia for easier transportation — is seen as a key tool to decarbonize some of the most energy-intensive sectors. The fight pits the principles of fair competition against the needs of businesses to be able to draw up plans solid enough to attract financing.
Germany’s economy ministry, which acknowledged that some investors had raised concerns, said that the goal of the European regulation is to preclude exclusive long-term contracts. The Commission’s proposal does leave open options for member states to help investors: regulators could decide to exempt major new hydrogen infrastructure — including liquid ammonia terminals — under certain conditions.
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