The European Commission’s newly published Hydrogen and Decarbonised Gas Package gives a major push for the development of Europe’s – and world’s first – internal market for hydrogen already by 2030. This package provides clear policy incentives for ensuring hydrogen is front and centre to the EU’s decarbonisation efforts while channelling investments into dedicated infrastructure, ramping up liquidity and empowering consumers to make green choices.
Jorgo Chatzimarkakis, Hydrogen Europe CEO, commented: “The Golden Age of hydrogen starts today: this can be the legislative proposal that will establish hydrogen as a traded commodity. A lot of work is ahead of us to bring hydrogen to all sectors of the EU economy, developing a functioning hydrogen network, and secure investments in hydrogen projects.”
Today’s package is a recognition of hydrogen as a separate energy carrier that is capable of mitigating climate change on its own right and is an enabler to sector integration. The next years will be crucial in this respect as it will be necessary to lay the foundation for policy, market design and financing activities that will make or break the development of the hydrogen sector.
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