Binding renewable targets, a simplifed regulatory framework and the launch of a new European Hydrogen Bank are being seen as a turning point for hydrogen on the continent.
As per the REPowerEU plan, published in May, the EU will strive to achieve a supply 20Mt of green hydrogen by 2030 – 10Mt produced and 10Mt imported – that are echoed by the new binding targets for different sectors:
- renewable fuels of non-biological origin (RFNBO) at least 5.7% of all fuels by 2030, including 1.2% in the maritime sector
- 50% of industry to transition to green hydrogen by 2030 (70% by 2035)
This will help ramp up the sector and make hydrogen a key component of Europe’s green energy strategy. Additionally, for the transport sector greenhouse gas intensity reductions of at least 16% have been set by 2030.
The focus of these actions is to accelerate the uptake of renewable hydrogen, ammonia and other derivatives in hard-to-decarbonise sectors, such as transport, and in energy-intensive industrial processes.
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