VDMA P2X4A
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VDMA P2X4A
106

Reality check for EU hydrogen policy!

Michael Herrmann
Michael Herrmann VDMA - Power-to-X for Applications on January 1, 1970 at 2:00 AM
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In a joint statement, 17 organizations call for a reality check in EU hydrogen policy. VDMA Power-to-X for Applications is among the co-signatories.

The associations have identified the following challenges:

  • A huge gap between strategic and political vision and market reality.
  • Electrolysis capacity is growing only slowly
  • The costs of producing renewable and low-carbon hydrogen are hardly competitive
  • Insufficient investment in hydrogen production and transport infrastructure.
  • Administrative hurdles and delays in the disbursement of funds.
  • Lack of long-term demand forecasts and demand-side support instruments.
  • Uncertainty about the role of low-carbon hydrogen in the decarbonization of the hydrogen market in Europe.
  • Lack of a vision and effective strategy for hydrogen import.

Accordingly, this joint statement aims to draw political attention to the urgent need for a reality check and for the resulting course corrections. It calls for:

  • a pragmatic and technology-neutral approach to enable competitive hydrogen production.
  • Ensure that financial incentives are created to reduce the cost of hydrogen at the technology level through appropriate measures under the Clean Industrial Deal.
  • Achieve greater planning certainty by revising the EU hydrogen strategy to create a competitive hydrogen market in the EU and complement it with a well-thought-out hydrogen import strategy.
  • Accelerated, smart infrastructure development
  • Creating markets for products made from and with RFNBOs and low-carbon fuels as an essential prerequisite for building a business case.
  • Improving European demand incentives
  • Strengthening the EU's role in creating a global market for hydrogen by developing the international component of the EU hydrogen bank and extending the scope of the Union database to third countries.

Find the full statement here

Picture: Shutterstock

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