Unless governments improve policies, funding, and demand creation, only 17% (12GW) of planned hydrogen projects in the EU will be built, according to Westwood Global Energy.
Already, 23 projects totalling 29GW – 20% of the project pipeline – were stalled or cancelled by the end of 2024. The analyst revealed that now less than a fifth of the EU’s hydrogen pipeline will come online by 2030, making it unlikely to meet production targets.
Nevertheless, Westwood believes that in a best-case scenario, up to 70% of the EU hydrogen pipeline could be delivered – but only if the right policy frameworks are developed and implemented without delay.
