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EU calls for international efforts to build a global hydrogen market

Arnes BiogradlijaBy Arnes Biogradlija30/11/20212 Mins Read
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The European Union announced that “clean hydrogen” will be the energy source for the next generation, urging coordinated international efforts to establish a global hydrogen market.

“We launched the European Clean Hydrogen Alliance because the entire hydrogen agenda revolves around cooperation, whether at the international level or within Europe, as well as the business world,” said European Commission President Ursula von der Leyen during her speech at the Hydrogen Week in Brussels.

“Last spring, the European Commission was part of a coalition of countries that pledged to create 100 hydrogen valleys around the world,” Laine explained. “As a result, clean hydrogen has become part of the conversation with all of our global partners, including, of course, our African partners, where Africa has the greatest untapped potential for renewable energy.”

“Converting clean energy to clean hydrogen can be a method to store that energy and sell it overseas,” she said, adding that “clean hydrogen will have a major position in the climate-neutral economy in the future.”

“This is why we’ve set a lofty goal of increasing Europe’s yearly green hydrogen generation to 10 million tons by 2030,” the European official explained. Green hydrogen is formed from hydrogen produced using renewable energy sources, resulting in much fewer carbon emissions. European Hydrogen Week brings together European business, policymakers, government leaders, and the general public to discuss, debate, and influence the future possibilities of clean hydrogen.

From now to December 3rd, the second edition of the (European Hydrogen Week) will be held in Brussels, including virtual and real participation. The event will explore the prospects for hydrogen production and usage, as well as hydrogen-based fuels, in many sectors of the economy, as well as how hydrogen will play a key part in the European Green Deal.

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