Summary
The joint statement, dated 4 February 2025, from 15 co-signatories across the hydrogen value chain, addresses the challenges facing the EU’s hydrogen policy. It highlights the gap between strategic vision and market reality, slow development of electrolyser capacity, high production costs, and underinvestment in infrastructure. The statement calls for a pragmatic, technology-neutral approach to hydrogen production, continued financial incentives, and improved long-term planning. It also emphasises the need for a consistent certification scheme and better demand-side incentives to create a competitive hydrogen market. The co-signatories urge the EU to revise its hydrogen strategy and develop a comprehensive hydrogen import strategy.
Key Takeaways:
- A pragmatic, technology-neutral approach is needed to enable cost-competitive hydrogen production.
- Continued financial incentives and improved long-term planning are essential for market development.
- A consistent certification scheme and better demand-side incentives are crucial for creating a competitive hydrogen market