Laying the foundations of a low carbon hydrogen market in Europe

The 2020s will be the pivotal decade for tackling climate change. If the Paris Agreement goal of limiting warming to 1.5°C and delivering net zero is to be achieved, this will now require a five times increase in the rate of global decarbonization (some 12%) every year until 2030. The creation of a low carbon hydrogen economy can play a critical role in accelerating this transition. Hydrogen is regarded by many as the ‘Swiss army knife’ of the green energy future with the potential to replace hydrocarbons in many applications and sectors where emissions are hard to abate.

The key question now is: How can the sigaying-the-foundations-of-a-low-carbon-hydrogen-market-in-europe/laying-the-foundations-of-a-nificant potential of this green energy fuel be realized? We recommend a number of building blocks to establish a low carbon hydrogen economy, which are outlined in our report.

Register and find out how hydrogen can succeed as a cornerstone of the clean energy transition.

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