Call for Action: Hydrogen Europe Urges EU to Prioritize Comprehensive Hydrogen Implementation
Key Ideas
- Hydrogen Europe's CEO urges the European Commission President to prioritize a comprehensive hydrogen implementation agenda to support decarbonization and enhance global competitiveness.
- The call emphasizes the need for public investments to de-risk decarbonization efforts, promote European industry, and align with the EU's Green Deal objectives.
- Key recommendations include creating a hydrogen implementation agenda with clear budget, timeline, and partnerships, appointing an Executive Vice-President for clean industry, and expanding the European Hydrogen Bank's scope.
- Additional focus areas include infrastructure development such as storage capacity, refuelling networks, and interconnecting pipelines among EU member states, alongside phasing out fossil fuel subsidies in favor of decarbonization projects.
Hydrogen Europe's CEO, Jorgo Chatzimarkakis, has called on the European Commission President to prioritize a compelling and comprehensive hydrogen implementation agenda to propel decarbonization efforts and enhance global competitiveness within the European Union. Amid concerns following the recent elections and potential implications on the EU's Green Deal, Chatzimarkakis highlighted the importance of public investments in supporting European industry to de-risk decarbonization investments and ensure competitiveness. The emphasis was placed on the role of hydrogen in providing flexibility to renewables and aiding in decarbonizing the European economy. To achieve the 2030 decarbonization goals, Chatzimarkakis stressed the urgent need for earnest development of the hydrogen economy and the formulation of a detailed agenda with a clear budget, timeline, and involvement of institutional and industrial partners.
The CEO's recommendations included the appointment of an experienced Executive Vice-President for clean industry, the expansion of the European Hydrogen Bank's budget and scope to reduce European clean hydrogen prices, and the establishment of infrastructure such as storage capacity, refuelling networks, and cross-border pipelines to connect EU member states. Additionally, the call to phase out fossil fuel subsidies in favor of meaningful decarbonization projects and Net Zero technologies was made to accelerate climate action. Chatzimarkakis urged for a long-term vision and immediate actions to advance a version of the Green Deal that ensures global competitiveness, resilient supply of clean energy, and accelerated climate action. The proposals also advocated for institutional and policy adjustments over the next five years, emphasizing coordination between different policy areas and fostering collaborations to drive the hydrogen economy forward.
Topics
Europe
Clean Energy
Infrastructure
Decarbonisation
Industry
European Union
Green Deal
Policy Adjustments
EU Parliament
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