Related Articles
The European Commission wants to accelerate the use of hydrogen
Forward article link
Share PDF with colleagues

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 Ore

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
China’s Daxing and GH2 cooperate on green hydrogen
18 January 2022
Chinese demonstration hub and international companies form alliance to drive deployment of green hydrogen globally
Woodside starts Feed study on US hydrogen project
18 January 2022
Australian firm targets FID on its most advanced project in second half of 2022
‘Sustainable’ gas taxonomy will affect hydrogen
18 January 2022
Medium-to-long-term outlook for clean hydrogen remains strong despite short-term disruption from gas market interplay
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video