Editorial & Advertiser disclosure
Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
Headlines
Published by Global Banking and Finance Review
Posted on October 28, 2025

BERLIN (Reuters) -Germany’s federal audit office said on Tuesday that the nation’s hydrogen strategy is falling short of its objectives, calling for a course correction to avoid missing 2030 targets for domestic green hydrogen production.
“It’s time for a reality check,” audit office president Kay Scheller said in the report, highlighting that both supply and demand for hydrogen, particularly in the steel sector, remain far below expectations despite billions of euros in subsidies.
Without adjustments, Germany will miss its 2030 targets for domestic green hydrogen production, and imports would be insufficient to bridge the gap, the audit office said.
It also raised concerns over the high cost of green hydrogen, noting that permanent subsidies could place unsustainable pressure on the federal budget. Import-related expenses alone could amount to between 3 billion and 25 billion euros by 2030, it said.
Hydrogen, produced through electrolysis of water using renewable electricity, is seen as a key driver in transitioning to a lower-carbon economy.
(Reporting by Holger Hansen, Writing by Friederike Heine, editing by Kirsti Knolle)