2020 hydrogen strategy

On July 8, 2020, the European Commission (EC) published a communication “A hydrogen strategy for a climate-neutral Europe”. The communication sets out a vision of how the EU can turn clean hydrogen into a viable solution for decarbonizing different sectors over time, installing at least 6 GW of renewable hydrogen electrolyzers in the EU by 2024, and 40 GW of renewable hydrogen electrolyzers by 2030. Eventually, the share of hydrogen in Europe’s energy mix could grow from the current figure of less than 2%, to 13-14% by 2050, according to the EU’s strategy.

The communication indicated that in 2020 neither renewable hydrogen nor low-carbon hydrogen, notably fossil-based hydrogen with carbon capture, are cost-competitive against fossil-based hydrogen. Estimated costs for