As the European Union (EU) progresses towards its climate targets, the importance of a robust hydrogen value chain cannot be overstated. With the EU’s current Commission term being the last before the 2030 targets, action on this front remains urgent and critical.
Jorgo Chatzimarkakis, CEO of Hydrogen Europe, emphasizes that for climate initiatives to be effective, support for scaling the youthful hydrogen sector must remain a priority. The Clean Industry Deal, aimed at fast-tracking project implementation and fostering global cooperation, is crucial for maintaining Europe’s leadership in clean hydrogen technology and innovation.
For hydrogen solutions to gain traction swiftly, eliminating unnecessary regulatory barriers is vital. Simplifying these processes within the first 100 days of the new Commission could transform the sector, ensuring that the EU stays competitive in the global market. Furthermore, increasing early-stage financial support for clean hydrogen technologies would enable scaling up production. Efforts to develop infrastructure for hydrogen transport, distribution, and storage will bolster the supply chain’s resilience.
Achieving the ambitious climate goals set by Europe also hinges on international cooperation. Simplifying and aligning global definitions of clean hydrogen is essential for facilitating international trade. Harmonizing these definitions would provide clearer pathways for cross-border investments and scaling clean hydrogen technologies.
With the ultimate aim of attaining climate neutrality by 2050, it is imperative to seize every opportunity. The success of the clean energy transition will depend on a forward-thinking regulatory approach and robust international collaboration. By embracing bold actions, Europe can ensure a sustainable, secure, and competitive energy future.
