Today, the Commission has set out new plans to stimulate and support investment in sustainable hydrogen production through a European Hydrogen Bank (EHB). Hydrogen can make a major contribution to the EU’s ambitions to end imports of Russian fossil fuels in the next few years and to achieve climate-neutrality by 2050. This initiative is aimed […]
EC plans EUR-3bn European Hydrogen Bank – EQ Mag Pro
The European Commission (EC) plans to create a new European Hydrogen Bank to invest EUR 3 billion (USD 3.05bn) in the establishment of a future market for hydrogen. EC president Ursula von der Leyen announced this at her third State of the Union address today, September 14, 2022. “Hydrogen can be a game changer for […]