Germany and EU Commit to Accelerating Hydrogen Transition
Key Ideas
  • Germany and the EU are emphasizing the importance of hydrogen in decarbonizing industries, transport, and energy sectors.
  • The European Commission is actively supporting hydrogen projects through funding mechanisms and regulatory frameworks.
  • Industry representatives are calling for more regulatory clarity, funding access, and supportive measures to catalyze the hydrogen market.
  • The Hydrogen Council, a global initiative, aims to accelerate the clean energy transition by collaborating with industry, governments, and investors worldwide.
Germany and the European Commission are taking significant steps to accelerate public-private action on hydrogen. The meeting between Germany’s Federal Minister for Economic Affairs and Climate Action, Robert Habeck, and the European Commission Executive Vice-President for the European Green Deal, Maroš Šefčovič, with a global delegation of Hydrogen Council executives marks a crucial milestone. The leaders acknowledge the progress in hydrogen investments globally but emphasize the need for synchronized actions by governments and industries to further support hydrogen deployment. Both Germany and the EU are committed to the Climate Goals of Paris and recognize the role of hydrogen in decarbonizing various sectors. Germany and the EU are working on implementing enabling measures to advance hydrogen projects and address legislative complexities to drive more investments. The European Commission's Innovation Fund is already supporting numerous hydrogen projects financially, with plans for more funding and a matchmaking mechanism in the future. The industry is advocating for more regulatory clarity, funding access, technology-inclusive approaches, and market support to boost the hydrogen sector. The Hydrogen Council, a global CEO-led initiative, comprising 140 companies from 20 countries, is playing a crucial role in promoting hydrogen as a clean energy source. The Council aims to foster innovation, create jobs, and deliver social value through the deployment of hydrogen ecosystems worldwide. With a focus on collaboration between industry, governments, investors, and civil society, the Hydrogen Council is working towards establishing international safety and sustainability standards for reliable hydrogen solutions at scale.
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