Energy executives have said the EU’s targets for renewable hydrogen will not be met due to the bloc’s complex regulations.
The targets, set by the European Commission last year, aim at 10 million tons of “green” hydrogen to be produced in the EU by 2030 and a further 10 million tonnes to be imported.
But executives meeting at the world hydrogen summit in Rotterdam threw cold water on the idea that the bloc would come any closer to achieving those goals.
Maarten Wetselaar, chief executive of Spanish energy company Cepsa, told the Financial Times that the EU expected “phenomenal quantities” of hydrogen, but achieving such “real-world” results would only happen if national governments rapidly accelerated permitting processes and allow for “flow subsidies”.
Read more about the EU’s climate ambitions Here
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