Thursday, 2 June 2022

Hydrogen: Commission launches project collection for European Clean Hydrogen Alliance investment pipeline

Hydrogen: Commission launches project collection for European Clean Hydrogen Alliance investment pipeline

The objective of the EU Hydrogen Strategy is to scale up the deployment of clean hydrogen in Europe. The Strategy sets the strategic objective to install 6 GW of renewable hydrogen electrolysers and produce up to 1m tonnes of renewable hydrogen by 2024, and 40 GW of renewable hydrogen electrolysers and 10m tonnes renewable hydrogen by 2030. The key aim of the European Clean Hydrogen Alliance, launched in July 2020, is to identify and build up a pipeline of viable investment projects along the hydrogen value chain, with a view to a green transition, create a clean hydrogen market contributing to growth and jobs, and reduce greenhouse gas emissions.



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