Following the announcement of the Clean Industry Pact, several measures have been introduced specifically for hydrogen, which is recognised as a key pillar, particularly in hard-to-electrify sectors.
The first step will be the adoption of the delegated act on low-carbon hydrogen in the first quarter, providing greater clarity and visibility for investors. To further remove barriers to renewable hydrogen, the European Commission has proposed a study to assess a potential revision of the directive on the integration of renewable fuels of non-biological origin (RFNBO).
To support sector growth, Brussels has also confirmed that the Hydrogen Bank will launch a third round of auctions in the third quarter, with a budget of €1 billion. Ahead of this, a new mechanism will be introduced to connect solution providers with potential customers in industry and heavy transport.
“This is a key instrument for supporting the most competitive projects across Europe in the short term, and it should be given a long-term perspective beyond 2025 with an increased budget. Hydrogen Bank projects are built on long-term commitments from buyers, and its financing will provide reassurance regarding the economic viability of these projects,” said Daniel Fraile, Chief Policy & Market Officer at Hydrogen Europe.
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