Industry and transport to form 50pc of EU’s 2030 hydrogen demand
European Commission modelling shows dramatic increase in sectoral uptake of the fuel under RepowerEU targets
More than half of EU hydrogen consumption will come from the industrial and transport sectors by 2030, according to modelling by the European Commission, with industrial heat accounting for 3.6mn t/yr, petrochemicals 3.2mn t/yr, transport 2.3mn t/yr, and refineries 2.3mn t/yr. The Commission’s RepowerEU plan sets a target for the EU to produce 10mn t/yr of hydrogen domestically and import a further 10mn t/yr by 2030. This would be double the overall target from the level envisaged by the previous legislation—the ‘Fit for 55’ package. The European Commission modelling tool, called Primes, show this doubling of the target creates economies of scale and lower prices, resulting in more opportuni
Also in this section
24 April 2024
Demand for energy purposes to outpace feedstock applications by the 2040s as government policies drive consumption, says DNV
24 April 2024
Danish firm joins growing list of European electrolyser manufacturers establishing production in US as IRA incentives prove strong draw
19 April 2024
UAE renewables developer weighs opportunities to join green hydrogen projects in US and Canada, Andreas Bieringer, director of green hydrogen business development and commercial, tells Hydrogen Economist
17 April 2024
Building green hydrogen ports and lower production costs key to becoming global exporter