Hydrogen Europe announces paper 'Green Hydrogen for a European Green Deal A 2x40 GW Initiative'

Hydrogen Europe announced the publication of its 2x40GW Green Hydrogen Initiative paper. This is an initiative of the European industry association Hydrogen Europe with the objective to promote a massive increase of electrolyser production within the EU in order to support green hydrogen production. The 2x40 GW Green Hydrogen Initiative can be regarded as an asset for the implementation of the European Green Deal.

The paper presents specific next steps to underpin an industrial roll-out. A roadmap for a 40 GW electrolyser capacity in the EU by 2030 shows a 6 GW captive market (hydrogen production at the demand location) and 34 GW hydrogen market (hydrogen production near the resource). A roadmap for 40 GW electrolyser capacity in North Africa and Ukraine by 2030 includes 7,5 GW hydrogen production for the domestic market and a 32,5 GW hydrogen production capacity for export. If a 2x40 GW electrolyser market in 2030 is realised alongside the required additional renewable energy capacity, renewable hydrogen will become cost-competitive with fossil (grey) hydrogen. By realising a 2x40 GW electrolyser capacity, producing green hydrogen, about 82 million-ton CO2 emissions per year could be avoided in the EU.

Download the paper.