Australian and German Governments have agreed to expand their existing Energy Partnership to an Energy and Climate Partnership. This will advance joint work in hydrogen, international climate action and cooperation, energy efficiency, the net zero transition and energy security.
Minister for Climate and Energy, Chris Bowen, and German State Secretary for Economic Affairs and Climate Action, Anja Hajduk, signed the new partnership in Brisbane on 13 September 2024.
Under the Partnership, Australia and Germany also signed a Joint Declaration of Intent to negotiate a $660million (€400 million) H2Global window.
This joint H2Global window ensures both countries work together to trade our renewable hydrogen and hydrogen derivatives.
This means Australia will have the opportunity to export hydrogen to some of the world's largest renewable hydrogen markets, including Germany. This establishes new green supply chains, supporting a Future Made in Australia.
Cooperation on the H2Global window and the new Energy and Climate Partnership strengthens the relationship between the two countries developed under the original Australia-Germany Hydrogen Accord.
Australia recognises the net zero transition requires a collective, global effort. When it comes to clean hydrogen, Australia is fortunate to work with like-minded partners such as Germany.