The European Commission has set a target to install 6GW of renewable hydrogen electrolysers and also produce one million tonnes of renewable hydrogen by 2024.
Once this is achieved, the Commission will then further expand its efforts to reach 40GW of renewable hydrogen electrolysers and 10 million tonnes of renewable hydrogen by 2030.
These aims have been outlined in the ‘Hydrogen Strategy for a climate-neutral Europe’ which aims to build up a pipeline of viable investment projects along the hydrogen value chain to create a clean hydrogen market contributing to growth, jobs and reduce greenhouse gas emissions.
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