In Germany, the governments of Canada and Germany strengthened their commitment to implement a transatlantic hydrogen corridor by signing a Memorandum of Understanding to establish a first-of-its-kind bilateral program. This program will accelerate commercial-scale hydrogen trade between Canada and Germany, secure early access for clean Canadian hydrogen producers in the German market and strengthen the two countries’ efforts to fight climate change and enhance energy security. Under this bilateral agreement, Canada and Germany will work to establish a dedicated Bilateral Window through Germany’s H2Global Foundation that will support commercial transactions between Canada’s hydrogen producers and Germany’s industrial manufacturing and energy distribution sectors. The Canada-Germany Bilateral Window will be administered by the H2Global Foundation and will conduct coordinated supply and demand side auctions that will connect Canadian hydrogen exporters with German buyers to facilitate the completion of commercially binding contracts for the sale of clean Canadian hydrogen and its derivatives within the established timelines.
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