According to a recent joint assessment of hydrogen patents by the European Patent Office (EPO) and the International Energy Agency, innovation in hydrogen is trending towards low-emission solutions, with Europe and Japan in the lead and the United States losing the pace (IEA).
The Carbon Border Adjustment Mechanism (CBAM), which seeks to assign a reasonable price to carbon released during the production of imported goods, including hydrogen, was agreed upon by the European Parliament and Council.
Monday Blitz News
With the signing of a Memorandum of Cooperation (MoC) to encourage innovation and create a global hydrogen market, the EU and Japan have strengthened their cooperation on hydrogen.
The EU Commission President, Ursula von der Leyen, highlighted the enormous potential for renewable energies, green hydrogen in southern nations on the sidelines of the UN climate conference in Sharm El-Sheikh.
An EU official said that the deal will create a framework for investments and is part of Brussels’ plan to import 10 million tonnes of hydrogen and produce 10 million tonnes domestically by 2030.
Timmermans made the announcement that €3 billion would be set aside from the upcoming large-scale request for the Innovation Fund in November to boost the hydrogen economy.
European Parliament gives a decisive acceleration to the objectives relating to the creation of an infrastructure of hydrogen columns and distributors.
The European Union (EU) envisions hydrogen stations every 100 km and recharge stations every 60 km by 2026.
Europe cannot afford to wait any longer for regulations governing the generation of green hydrogen.
