European Associations Unite for a Hydrogen Policy Overhaul
Key Ideas
- Hydrogen Europe and other associations have jointly called for a revision of the European Hydrogen policy to address challenges and boost market development.
- Key issues highlighted include the need for a technology-neutral approach, impact assessment on production costs and GHG emissions, and financial incentives for hydrogen.
- The associations also emphasize the importance of infrastructure development, market creation for hydrogen products, and strengthening the EU's role in the global hydrogen market.
- They urge the Commission to take swift action through initiatives like the Clean Industrial Deal and the Action Plan for Affordable Energy to implement the proposed changes.
Hydrogen Europe, along with 16 other European associations focusing on hydrogen market development, have released a joint statement urging the European Commission to revise the current European Hydrogen policy. The associations express concerns about the challenges and obstacles that are hindering the progress of the hydrogen market. They call for a more pragmatic and technology-neutral approach to enable cost-competitive hydrogen production. Additionally, they emphasize the importance of conducting an impact assessment to understand the effects of current criteria on production costs, GHG emission savings, and the energy system. The associations also stress the need for financial incentives to reduce the cost of hydrogen and ensure long-term planning security by revising the European Hydrogen Strategy. Infrastructure development is another key area of focus, with a call for an EU-level action plan for hydrogen grids. The associations also advocate for the creation of markets for products derived from renewable fuels and low-carbon fuels. Furthermore, they highlight the importance of improving European incentives on the demand-side and enhancing the EU's role in the global hydrogen market. In conclusion, the associations urge the Commission to act promptly on these recommendations through initiatives like the Clean Industrial Deal and the Action Plan for Affordable Energy to drive the necessary changes in the hydrogen policy.
Topics
Europe
Energy Sector
Global Market
Infrastructure Development
Financial Incentives
Market Development
European Union
Policy Revision
Clean Industrial Deal
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