The European Commission wants to accelerate the use of hydrogen
EU hydrogen market to ramp up by 2025
Project announcements and cluster linkages will help an internal market develop
A market for hydrogen will start to develop after 2025 in Europe as production ramps up and large offtake agreements are signed, according to panellists at a Reuters energy transition event. The European Commission wants the EU to install at least 6GW of electrolyser capacity by 2024, making some funding available under its Horizon 2020 programme. This will kick start hydrogen production in the EU, according to Marcelino Oreja, CEO of Spanish energy company Enagas. “We are starting to see real projects coming in that will be producing by 2023,” he says. “And companies asking for big quantities of hydrogen before 2025, 2026.” 6GW - Electrolyser capacity Eu targets by 2024 Oreja adds t
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