Lobbyists push to greenwash EU rules for renewable hydrogen
Currently, more than 90 percent of hydrogen is produced with fossil fuels (Photo: National Renewable Energy Lab)
Brussels, Today, 07:04
The Hydrogen Europe industry association is lobbying top EU officials to weaken a key climate-focused law known as the Renewable Energy Directive, a new report of NGO Global Witness revealed on Friday (11 June).
The Renewable Energy Directive provides a set of requirements for companies to ensure production of hydrogen is sustainable. It also includes renewable hydrogen, explicitly as a means of meeting the sectoral target for renewables in the transport sector.
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The price of clean hydrogen can be cut drastically by mid-century if the EU creates a dedicated market structure to develop the fuel, according to the industry. Environmental groups, meanwhile, are sceptical about the emergence of a hydrogen economy.
LNG’s role in hydrogen economy crucial: Expert
Hydrogen is gaining prominence as a key tool to combat climate change and meet decarbonisation targets. LNG is the fastest growing fossil fuel and is forecasted to grow in 10 to 15 years despite the pandemic, said an expert during a webinar.
The event was organised by the European Union Delegation to State of Kuwait and the State of Qatar, the EU-GCC Clean Energy Technology Network, and the Qatar National Research Fund (QNRF). The webinar titled ‘Hydrogen, the energy carrier of the future’ and the technical session on ‘Strategies and road maps for green and blue hydrogen production was addressed by Omran Al Kuwari, CEO, Qatar Foundation International- Qatar Foundation and doctoral researcher – UCL Institute for Sustainable Resources.
€820M fund set up to bring down the price of clean energy 03 Jun 2021 | News
Bill Gates is teaming up with EU to finance large scale demonstration projects and boost the commercial prospects of green energy. It is hoped the initiative will attract wider private sector investment
Bill Gates. Photo: European Commission
The European Commission is teaming up with the Bill Gates-led green energy financing programme, Breakthrough Energy Catalyst, to raise €820 million for clean energy demonstration projects.
The money will be invested in technologies that are currently too expensive to scale-up, starting with green hydrogen, sustainable aviation fuels, direct air capture and long term energy storage.