🎓 Grateful for the insights gained at the Florence School of Regulation during their Executive Course on European Hydrogen Legislation 🎓 A few key takeaways after the fantastic two-day intensive session: Sustainable Transformation Imperative: The EU's stringent targets for reducing greenhouse gas emissions is ambitious and the sheer volume of hydrogen required to decarbonize hard-to-abate sectors will rely heavily on importation and hydrogen carriers such as ammonia to satisfy our EU decarbonisation needs. Navigating Regulatory Complexity: The complex regulatory landscape, Renewable Energy Directive, RefuelEU Aviation and FuelEU Maritime, to classifications like RFNBOs and RCFs, require clear comprehension with timely establishment at member state level. This is essential to provide a stable framework upon which financial investment decisions can be taken. Seizing Opportunities Amidst Challenges: Despite challenges such as cost differentials between grey and green hydrogen and regulatory uncertainties, there are opportunities to leverage EU subsidies and support frameworks to offset initial investment costs and incentivize sustainable practices. By strategically navigating these challenges together as producers, import infrastructure providers such as Vopak and offtakers we can capitalize on the ample opportunities available within the sustainable energy landscape, driving both economic growth and environmental stewardship.
Today at the Robert Schuman Centre for Advanced Studies, European University Institute, we welcomed 36 participants on the new FSR course on hydrogen legislation directed by Christopher Jones , to provide an immersion in the legal and technical framework of the European hydrogen sector. https://loom.ly/T1RrqW0