Europe is Struggling to Meet Green Hydrogen Goals, Send Money
14 hours ago Eric Worrall 45 Comments
Essay by Eric Worrall
WINNING: €22 Billion EU Government money spent to produce 20,000 tons of green hydrogen, at a price of €1.1 million per ton, or €1,100 / kg.
What’s stopping Europe from reaching its clean hydrogen goals?
By Andrea Bolitho & Euronews
Published on 05/03/2024 – 17:00•Updated 06/03/2024 – 10:51
Green hydrogen is predicted to be a leading renewable energy source in the future, but production in Europe must ramp up massively to hit targets.
While the EU has pinned green hydrogen as one of the fuels of the future and aims to generate 10 million tonnes while importing a further 10 million tonnes by the end of the decade, renewable hydrogen production in Europe was just 20,000 tonnes in 2022.
Furthermore, 96 per cent of hydrogen used across Europe in 2022 was made from natural gas, resulting in significant carbon emissions.
“We need a clear regulation and a clear permitting process, and we need access to the [energy] grid,” explained Carlos Fúnez Guerra, the Green Hydrogen Development Manager at Iberdrola.
https://wattsupwiththat.com/2024/03/06/europe-is-struggling-to-meet-green-hydrogen-goals-send-money/
