EU rescue plan paves the way for hydrogen infrastructure investment

Kick-starting a clean hydrogen economy in Europe is a key pillar of a €750bn recovery plan unveiled yesterday by the European Union in a bid to boost economic growth and jobs.

The unprecedented investment aims to get societies and economies back to normal following the coronavirus (Covid-19) pandemic, as well as accelerate the green and digital transitions.

“The recovery plan turns the immense challenge we face into an opportunity, not only by supporting the recovery but also by investing in our future: the European Green Deal and digitisation will boost jobs and growth, the resilience of our societies and the health of our environment,” said Ursula von der Leyen, European Commission President.

“This is Europe’s moment. Our willingness to act must live up to the challenges we are all facing. With Next Generation EU we are providing an ambitious answer.”

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