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In the face of rising gas costs, European Commission President Ursula von der Leyen said that the EU should take steps to lower the cost of green hydrogen.

She said this energy resource “is beginning to seem competitive from an economic standpoint” during the European Hydrocarbon Week.

“We’re all experiencing rising gas costs right now.” And, under such circumstances, “green” hydrogen can be even cheaper than “gray” hydrogen (made from fossil fuels – IF),” noted von der Leyen.

“By 2030, our objective should be to get the price below 1.8 euros per kilogram.” “And this is a very serious job,” the European Commission’s president believes. She went on to say that the EU should be a world leader in the usage of hydrogen energy.

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Arnes Biogradlija is the founder and Editor in Chief of EnergyNews.biz, which he launched in 2021 to separate energy transition realities from fairy tales. He writes data driven analysis on hydrogen, energy storage, small modular reactors, grids and industrial policy, and leads the Energy Talks interview series. EnergyNews.biz reporting has been cited more than 100 times by the International Energy Agency.

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