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The Golden Age of Clean Hydrogen has started

Date

16 Dec 2021

Sections

Energy

The European Commission’s newly published Hydrogen and Decarbonised Gas Package gives a major push for the development of Europe’s – and world’s first – internal market for hydrogen already by 2030. This package provides clear policy incentives for ensuring hydrogen is front and centre to the EU’s decarbonisation efforts while channelling investments into dedicated infrastructure, ramping up liquidity and empowering consumers to make green choices.

Jorgo Chatzimarkakis, Hydrogen Europe CEO, commented: “The Golden Age of hydrogen starts today: this can be the legislative proposal that will establish hydrogen as a traded commodity. A lot of work is ahead of us to bring hydrogen to all sectors of the EU economy, developing a functioning hydrogen network, and secure investments in hydrogen projects.”

Today’s package is a recognition of hydrogen as a separate energy carrier that is capable of mitigating climate change on its own right and is an enabler to sector integration. The next years will be crucial in this respect as it will be necessary to lay the foundation for policy, market design and financing activities that will make or break the development of the hydrogen sector.

For more information:

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Hydrogen Europe is the leading organization representing European based companies and stakeholders that are committed to moving towards a (circular) carbon neutral economy. With more than 300 companies and 30 national associations as members, we encompass the entire value chain of the European hydrogen and fuel cell ecosystem. Our vision is to propel global carbon neutrality by accelerating the European hydrogen industry and we are the industrial key partner of the Clean Hydrogen partnership. For further information, please visit www.hydrogeneurope.eu or contact secretariat@hydrogeneurope.eu

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