The EU has ramped up policy support for hydrogen
EU’s war response can ‘supercharge’ hydrogen investment – IEA
RepowerEU targets imply extra $1.3tn of investment as Russia’s invasion of Ukraine gives sector’s momentum a major boost, the agency says
Europe’s search for alternatives to Russian energy in the wake of the war in Ukraine could “supercharge” investment in low-carbon hydrogen and drive forward more than $1tn of projects globally by 2030, according to the IEA. The EU has ramped up its target for green hydrogen consumption to 20mn t/yr as part of its RepowerEU policy response to the war in Ukraine. Meeting this demand will require capital investment of c.$600bn globally, with 60pc of this for infrastructure outside the EU. The cost rises to $1.3tn when including the cost of capital to fund the investments, the IEA estimates. “The momentum behind the global low-carbon hydrogen sector has been given a major boost by Russia’s invas
Also in this section
16 May 2025
Only 21% of approved IPCEI projects reach FID as cost overruns and funding delays hamper progress, according to European Commission officials
14 May 2025
Defining moment for US hydrogen sector as House Republicans seek termination of green tax credits
13 May 2025
Existing specifications have been a good starting point for standardisation of hydrogen quality, but they need rethinking—a 99.5 mol-% specification is a promising candidate
12 May 2025
The sector needs a standard covering hydrogen quality for the entire value chain, but no single hydrogen quality covers the needs of all stakeholders
