In a joint letter, the Hydrogen Council, Hydrogen Europe and the Renewable Hydrogen Coalition call on the Brussels Commission. They are calling for better funding for renewable hydrogen and measures to stimulate demand, just a few days before the publication of the Clean Industrial Deal.
In line with the Draghi report on Europe’s competitiveness, the Clean Industrial Deal is due to be published on 26 February. The aim of this package of measures, or Cleaner Industry Deal, is to make industries more competitive by simplifying procedures and earmarking investment for energy-intensive sectors.
In a letter to Vice-President Teresa Ribera and Energy Commissioner Dan Jørgensen, the three associations set out their priorities for making the pact a success.
Cumulating aid and reducing risks
The first priority is to strengthen financial instruments, with tools to reduce risk throughout the value chain, in order to support the deployment of renewable hydrogen. They also want to encourage the development of pilot markets for sustainable products (e.g. green steel and decarbonised cement and fertiliser production). The third request is to rationalise financial instruments and allow the cumulation of financial aid, while simplifying the funding application process.
Without these simplification measures, and without tackling bureaucracy, scaling up will not be possible, the letter concludes. And for the associations, this would be detrimental to the industrial sectors concerned, as well as to the aviation and maritime sectors.
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