Investors present European legislators with hydrogen economy wishlist – pv magazine International

If the EU is going to drive more than half a trillion dollars worth of hydrogen investment over the coming decades, it will need to get investors onside. The European Investment Bank has surveyed financiers to find out what they want. May 31, 2022 Max HallPotential hydrogen investors have told the European Investment Bank (EIB) that measures such as hydrogen offtake guarantees, consumption quotas, a carbon tax, and looser state aid rules will be needed to achieve the EU’s hydrogen ambitions.The EIB surveyed 20 hydrogen companies and 26 investors on behalf of the European Commission, to identify the obstacles to driving Europe’s hydrogen economy. The respondents said renewables-powered green hydrogen is more expensive than other forms of the energy carrier, with a lack of uniform regulation for hydrogen deployment.Finance is constrained, cross-border projects need to be better…

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