Germany’s Hydrogen Dream Becomes A $9 Billion Yearly Black Hole
8th November 2025
The German Federal Audit Office (Bundesrechnungshof) has dismantled the government’s hydrogen strategy. Neither on the supply side nor on the demand side do the results even remotely align with the ambitious political targets. Germany faces yet another subsidy ruin.
Berlin is in a state of hangover. The ongoing economic crisis is mercilessly exposing the delusions of the so-called green transformation. After the collapse of battery production – think of subsidy ruins like Northvolt – the retreat of industry from “green steel,” and the failure of the energy transition under the weight of wind and solar, which have become bottomless subsidy pits, the next major project is now under heavy attack: the hydrogen strategy.