Clean hydrogen as an energy source is indispensable for achieving global climate targets, but Germany and the European Union are in danger of missing their own hydrogen targets, a study published on Monday showed. “Germany is clearly lagging behind its plans,” management consultants PwC Strategy& wrote in its report. While an electrolysis capacity of 10 gigawatts (GW) is planned by 2030, not even 0.1 GW is in operation today and projects with 0.55 GW have been financed, the study showed. Electrolysis is the process by which water is split into hydrogen and oxygen with the help of electricity. …