Hydrogen Europe’s Post

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The European Commission unveiled its #CompetitivenessCompass, setting out a roadmap for Europe's economic and industrial future across different sectors. #Hydrogen plays a critical role in this vision, with clear commitments to scaling up #infrastructure, supporting demand, and ensuring #Europe's leadership in #cleantech.   💧Key takeaways for #hydrogen: ➡️ #Investment in infrastructure: the EU commits to accelerating investment in electricity, hydrogen, and CO₂ transport networks, as well as storage systems. ➡️ Lead markets & demand-side policies: the #HydrogenBank’s Auction-as-a-Service model is highlighted as a tool to support early movers and stimulate demand for #lowcarbonhydrogen. ➡️ Targeted, non-discriminatory support: the #CleanIndustrialDeal will explore simplified and well-targeted state aid to drive industrial #decarbonisation, including #H2 production. ➡️ De-risking #cleanfuel production & distribution: the #AffordableEnergyActionPlan aims to reduce price volatility and improve access to low-cost energy, which is key for hydrogen #competitiveness. ➡️ Supporting clean tech & electrolysers: the strategy aims to protect and promote clean technologies, ensuring Europe remains a leader in #electrolyser manufacturing and other key #netzero industries. ➡️ Strengthening supply chains: through Clean Trade & Investment Partnerships, the EU seeks to secure access to critical #rawmaterials, #cleanenergy, and hydrogen technology from global partners. 🛑 High expectations remain: the Competitiveness Compass sets the right direction, but action is crucial. The EU must swiftly implement concrete measures that ensure #cleanhydrogen scales up at the speed needed to meet decarbonisation goals. With rising global competition, Europe cannot afford delays or uncertainty in investment conditions. 📢 What’s Next? Concrete proposals announced in the communication are set to drive the competitiveness of the European clean #hydrogeneconomy. This includes upcoming proposals on #stateaid, specific action plans for steel and the chemical industry, and the upcoming Clean Industrial Deal.    Want to know more? 👉 Find the full Competitiveness Compass publication here: https://lnkd.in/djZtvFMj 👉 #H2Europe paper "A Clean Industrial Deal for the European hydrogen industry": https://lnkd.in/e8pfiDVn

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