Green Hydrogen Climbing Up Europe’s Priority List

Green hydrogen — using electrolyzers and wind and solar power — is quickly rising in importance within the EU’s toolkit to drastically cut reliance on Russian fossil fuels. Brussels released a strategy paper supporting green hydrogen in July 2020, but a near-fivefold increase in natural gas prices since the middle of 2021 has turbocharged political backing and interest in renewables-based hydrogen production. Indeed, since the beginning of the year, there has been a notable increase in the number and scale of announced green hydrogen projects in Europe, reflecting improving cost dynamics between green and blue hydrogen. Norway-based electrolyzer manufacturer Nel told Energy Intelligence this week that there is “certainly a growing focus on the role of renewable hydrogen in reducing EU import dependency and in particular the continent’s reliance…

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