New Hydrogen Strategies of Germany and the EU and Prospects for Cooperation with Russia

Author:

Belov Vladislav,

Abstract

In June 2020, Germany adopted a national hydrogen strategy. A month later, when Germany assumed the EU Council presidency, the European Union Commission presented a similar document. Both strategies acknowledge the need to import hydrogen to meet the demand of the EU countries as an essential prerequisite for the transition to a climate-neutral economy. In parallel, the Government of the Russian Federation adopted the Energy Strategy of the Russian Federation until 2035, which sets the goal of turning our country into one of the global players in the world hydrogen market. Despite Russia's obvious competitive advantages in this relatively new segment of the energy market, Berlin and Brussels do not mention it as a potential partner. The article provides an assessment of the main provisions of these strategic documents. The author explores the prospects and possibilities of Germany and the EU cooperating with the Russian Federation in the production and supply of hydrogen, analyzes the content of the position documents of the German-Russian Chamber of Commerce and the Eastern Committee of the German Economy on these issues, draws conclusions and formulates recommendations for interested parties.

Publisher

Institute of Europe, Russian Academy of Sciences (IERAS)

Subject

Political Science and International Relations,Economics and Econometrics

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