To reach net-zero emission levels, the EU will to some extent be dependent on low-carbon gases, such as hydrogen and renewable energy sources. With a series of important legislative acts known as Fit for 55, Brussels is laying the foundations for a multi-billion euro spending programme which, it is hoped, will pave the way for 20 million tonnes of domestically produced and imported hydrogen by 2030.
Some member states argue that this fuel (hydrogen) will make a significant contribution to the decarbonisation of energy-intensive industries, increase EU competitiveness and energy independence, and develop the economy for emerging renewable hydrogen sources.
The following issues must be addressed:
What role can hydrogen play in helping Europe wean itself off fossil fuels? How far have we come in terms of it making a significant reduction in emissions?
What level of investment is required for hydrogen to start occupying a significant place in the European energy mix, including production, transport, storage, etc.?
Is the EU doing enough to meet these funding requirements? Is there a risk that following the passing of the Inflation Reduction Act, the most innovative companies will relocate to the US?
What should be the role of hydrogen imports? How can Europe avoid creating a new dependency (if hydrogen is produced abroad)?
How can the European public's perception that hydrogen is merely a way for major energy companies to replace their fossil fuel business, whilst maintaining their involvement in gas transport and distribution, be avoided?
https://www.politico.eu/event/is-europe-losing-the-hydrogen-race/



