EU ‘must increase’ renewables target to spur hydrogen
Renewable energy target should be lifted to 45pc by 2030 if Europe wants to become a centre of hydrogen expertise, says Hydrogen Europe
EU lawmakers should raise the bloc’s renewable energy target to 45pc by 2030, according to a position paper from industry body Hydrogen Europe. The European Commission’s Fit for 55 package proposes that renewables should contribute 40pc of the EU’s final energy consumption by 2030. The proposal is going through the legislative process, but the target should be amended to 45pc if the EU wants to become a centre of green hydrogen manufacturing expertise, Hydrogen Europe says. “Replacing fossil-based hydrogen with renewable hydrogen is a top priority for Europe and thus a strong signal to the market is needed,” says the paper, titled Delivering RepowerEU hrough a strong European hydrogen indust
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
15 November 2024
Danish electrolyser firm stays focused on US expansion plans amid policy uncertainty in wake of Republican election victory