More hydrogen projects are under development
EU set to miss 2030 electrolyser target by 76%
High costs and uncertainty over offtake agreements are delaying project investment decisions, according to Aurora Energy Research
The installed capacity of electrolysers in Europe is set to undershoot the EU’s 2030 targets by as much as 76% because of high costs and slow progress in securing offtake agreements, according to UK-based Aurora Energy Research. Electrolysers are expected to make up more than 50% of the total hydrogen production by 2030, rising to 80% by 2040. However, expected installed electrolyser capacity in the EU of 35GW will fall way short of the targets set out under the EU’s Net Zero Industry Act and REPowerEU policies. “This shortfall is attributed to high electrolysers’ capex, rising cost of capital and, and uncertainty in offtake agreements, delaying project investment decisions,” Aurora said in
Also in this section
25 February 2026
Low-carbon hydrogen and ammonia development is advancing much more slowly and unevenly than once expected, with high costs and policy uncertainty thinning investment. Meanwhile, surging energy demand is reinforcing the role of natural gas and LNG as the backbone of the global energy system, panellists at LNG2026 said
18 February 2026
Norwegian energy company has dropped a major hydrogen project and paused its CCS expansion plans as demand fails to materialise
4 February 2026
Europe’s largest electrolyser manufacturers are losing patience with policymakers as sluggish growth in the green hydrogen sector undermines their decision to expand production capacity
2 February 2026
As a fertiliser feedstock, it is indispensable, but ammonia’s potential as a carbon-free energy carrier is also making it central to global decarbonisation strategies
