Northwest Europe is on the forefront of low-emissions hydrogen1 growth. This area accounts for round 40% of Europe’s complete hydrogen demand, and it has huge and untapped renewable vitality and carbon storage potential within the North Sea. It additionally has a nicely developed, interconnected fuel community that could possibly be partially repurposed to facilitate the transmission and distribution of low emissions hydrogen from manufacturing websites to demand centres. The event of the low-emissions hydrogen market in Northwest Europe might step by step scale up within the short- to medium-term. Northwest European nations now have ambition to develop as much as 30 to 35 GW of electrolyser capability by 2030. Nevertheless, most low-emissions hydrogen tasks are at present within the early phases of growth. Their success will rely largely on supportive insurance policies and regulatory frameworks.
The fee-efficient growth of low-emissions hydrogen markets additionally necessitates a regional strategy that maximises present synergies amongst nationwide markets. That is the third version of the Northwest European Hydrogen Monitor. It offers an annual replace of low-emissions hydrogen market developments in Northwest Europe and is the results of collaboration among the many nations concerned within the Hydrogen Initiative of the Clear Vitality Ministerial (CEM-H2I) workstream entitled “Roundtable on the North-West European Area” and the hydrogen working group of the Pentalateral Discussion board. The nations analysed on this are Austria, Belgium, Denmark, France, Germany, Luxemburg, the Netherlands, Norway, Switzerland and the UK. Market monitoring is accompanied by common dialogues with key stakeholders to facilitate the change of data and knowledge assortment.
Entry the report right here
