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Europe forges ahead with clean hydrogen
Europe forges ahead with clean hydrogen

Europe forges ahead with clean hydrogen

Continued development of hydrogen innovation and industry in Europe is essential. As hydrogen technology matures and pressure to decarbonise increases, it is time to move to large-scale deployment for independent energy supplies and value chains that can resist global shocks.

The technology is becoming a commercially viable solution for industry, transport and homes in ways only hoped for a few years ago. As clean hydrogen production scales up and applications increase, the EU’s target price of €1.8 per kilo by 2030 is within reach and looking increasingly competitive against hydrogen produced from natural gas.

Moreover, in the recently announced communication REPowerEU: Joint European Action for more affordable, secure and sustainable energy proposes to boost hydrogen production and imports to 20mt by 2030.

A strategic resource

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