Europe is expected to support green hydrgen as part of the push for new renewables
Ukraine war to lift green hydrogen demand in Europe – DNV
New modelling implies acceleration in demand and price reductions as policymakers ramp up support, risk management company says
European policy support for green hydrogen will increase in the wake of the war in Ukraine, accelerating both demand and the decline in prices, according to risk management company DNV. The firm’s latest modelling, which assumes Europe imports no Russian natural gas from 2025 in response to the invasion of Ukraine, implies a 12pc drop in green hydrogen prices compared with its pre-war base case for 2030. Green hydrogen demand in 2030 is 25pc higher compared with the pre-war base-case. “Europe has limited capacity for producing sufficient renewable electricity to simultaneously phase out fossil fuels from the power mix and produce meaningful amounts of green hydrogen,” DNV says. “We ant
Also in this section
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
28 January 2026
The development of hydrogen’s distribution system must speed up if the industry is to stand any chance of grabbing a meaningful slice of the low-carbon energy market
14 January 2026
Continent’s governments must seize the green hydrogen opportunity by refining policies and ramping up the development of supply chains and infrastructure
