Renewable hydrogen: a strategic opportunity for global green recovery
This week, the European Commission presented its hydrogen strategy. It sets out how to make clean hydrogen a viable solution for a climate-neutral economy and build a dynamic hydrogen value chain in Europe in the next five years, write Kadri Simson and Francesco La Camera.
Kadri Simson is the EU Commissioner for Energy. Francesco La Camera is the director-general of the International Renewable Energy Agency. This opinion piece was written exclusively for EURACTIV.
Europe’s investment in renewable hydrogen is anchored in its Green Deal strategy and commitment to zero emissions by 2050. The EU is accelerating the build-up of its renewable power capacity, particularly from off-shore wind.
It has proposed a climate law that provides policy certainty to governments and the private sector. It has similarly placed green investment, including in hydrogen electrolysers, fuel cells and storage technologies, at the centre of its 750 billion euro recovery plan “Next Generation EU”.
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Atlantis Viewpoint
Most hydrogen is currently being made from fossil fuels. Clean hydrogen is definitely the way forward.