Empowering Europe: The Role of Hydrogen in Driving Competitiveness
Key Ideas
- The Future of European Competitiveness report, led by Mario Draghi and Ursula von der Leyen, emphasizes the importance of hydrogen in driving Europe's competitiveness.
- Hydrogen Europe CEO and Chief Policy Officer highlight the critical role of hydrogen in decarbonisation and industrial revival, advocating for a technology-neutral approach.
- The report calls for a strategic and radical approach to address climate change, energy costs, and the need for innovation, stressing the importance of a Clean Industrial Deal.
- Hydrogen Europe urges strong commitment from EU institutions to prioritize hydrogen in energy, industry, and competitiveness policies for the next political cycle.
The final text of The Future of European Competitiveness report was officially presented in Brussels by Mario Draghi and Ursula von der Leyen. The report, after extensive consultations, identifies major barriers to competitiveness in Europe and offers recommendations. Hydrogen Europe CEO praised the report for its strategic approach to climate change and technological disruption, emphasizing the importance of an EU Clean Industrial Deal. The report recognizes hydrogen as a transformative technology crucial for European competitiveness, urging the sector to enhance existing frameworks and introduce new elements for effective decarbonisation. Hydrogen Europe advocates for a technology-neutral approach and strong financial support for clean hydrogen technologies to meet climate goals. The organization calls for EU institutions to prioritize hydrogen in energy, industrial, and competitiveness policies in collaboration with other net-zero sectors, aiming for ambitious objectives in the upcoming political cycle.