EU policy delay a greater risk than US competition – HH2E

Wait for publication of Red II and its definition of what can be classed as ‘green’ hydrogen is the biggest hurdle for European projects, German developer tells Hydrogen Economist

Delays to the publication of the EU’s Renewable Energy Directive (Red) II represent the biggest hurdle for hydrogen infrastructure projects in Europe, according to Andreas Schierenbeck, co-founder of German developer HH2E and former CEO of energy firm Uniper. “We need Red II—which has still not been published—to define what green hydrogen is and how it should be produced. At the moment, we have proposals but not European law—that is the main thing that is missing. You have more difficulties declaring FID if you do not have clarity on the regulatory framework,” Schierenbeck tells Hydrogen Economist. The EU may also have to offer additional financial support to match incentives offered by the

Welcome to the PE Media Network

PE Media Network publishes Petroleum Economist, Hydrogen Economist and Carbon Economist to form the only genuinely comprehensive intelligence service covering the global energy industry

 

Already registered?
Click here to log in Subscribe now
to get full access Register now
for a free trialAny questions?
Contact us

Comments

Comments

{{ error }}

Add Comment

{{ comment.comment.Name }} Editor • {{ comment.timeAgo }}

{{ comment.comment.Text }}