OPINION

Green hydrogen: the European Union nails its colours to mast

The European Union’s USD221 billion (EUR210bn) REPowerEU scheme will accelerate the emergence of a hydrogen economy in the EU, while ending the trading bloc’s reliance upon imported Russian hydrocarbons by 2027.

The EU plans to offer EUR86bn to increase the proportion of energy produced from renewable sources by 2030.

The European Union’s USD221 billion (EUR210bn) REPowerEU scheme will accelerate the emergence of a hydrogen economy in the EU, while ending the trading bloc’s reliance upon imported Russian hydrocarbons by 2027.

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