Energy executives have said the EU’s targets for renewable hydrogen will not be achieved because of the bloc’s complex regulations.
The targets, set by the European Commission last year, aim for 10mn tonnes of “green” hydrogen to be produced in the EU by 2030 and for another 10mn tonnes to be imported.
But executives gathered at the World Hydrogen Summit in Rotterdam poured cold water on the idea that the bloc would come close to achieving those goals.
Maarten Wetselaar, chief executive of the Spanish energy company Cepsa, told the Financial Times that the EU was expecting “phenomenal amounts” of hydrogen but achieving that “in the real world” would only happen if national governments rapidly sped up permitting processes and allowed “subsidies to flow”.
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