Hydrogen Economy Gains Momentum Across Europe
EU countries commit €50 billion to hydrogen infrastructure as the clean fuel emerges as key decarbonization tool.
European nations have collectively pledged over €50 billion in investments to build out hydrogen production, storage, and distribution infrastructure by 2030. The coordinated push positions Europe as the global leader in the emerging hydrogen economy.
Green Hydrogen Focus
The investments prioritize "green hydrogen" produced using renewable electricity through electrolysis, rather than conventional "grey hydrogen" made from natural gas. Germany alone plans to install 10 GW of electrolyzer capacity by 2028.
Industrial Applications
Heavy industries including steel, chemicals, and cement manufacturing are expected to be early adopters of hydrogen as they seek to eliminate carbon emissions from their operations. Several pilot projects are already underway.