Energy executives have said the EU’s targets for renewable hydrogen, a zero-carbon fuel deemed critical for heavy industries to emit fewer greenhouse gases, will not be achieved because of the bloc’s complex regulations.
The targets, set by the European Commission last year, aim for 10mn tonnes of “green” hydrogen to be produced in the EU by 2030 and for another 10mn tonnes to be imported. Brussels sees hydrogen as essential to the bloc’s efforts to meet its goal of cutting greenhouse gas emissions by 55 per cent by 2030 and to wean itself off Russian fossil fuel imports.
But executives gathered at the World Hydrogen Summit in Rotterdam poured cold water on the idea that the bloc would come close to achieving those goals.