The plan focused on three specific areas:
1. Energy savings
2. Diversification of energy supplies
3. Accelerated roll-out of renewable energy
Green hydrogen is in particular focus for the second and third points. Some of the highlights include:
• Utilization of the EU Energy Platform for demand pooling and efficient use of existing gas infrastructure.
• Boosting the development of renewables and hydrogen.
• Developing major hydrogen corridors.
• Setting a target of 10 million tonnes of domestic renewable hydrogen production and 10 million tonnes of imports by 2030.
• The publishing of two Delegated Acts on the definition and production of renewable hydrogen to ensure that production leads to net decarbonisation.
“This is an important next step towards decarbonizing Europe, and something Hystar is dedicated to support,” says Hystar CEO Fredrik Mowill.
When it comes to achieving the amplified production targets, it’s estimated this will require between 90-100 GW of installed electrolyser capacity in Europe. No small feat, particularly in the relatively short timelines.
“The increased targets are challenging, but also a fantastic opportunity for the green hydrogen industry and Hystar is ready to contribute,” confirms Fredrik Mowill. “Hystar’s unique PEM electrolyser technology is ready for scale-up and mass production. Our electrolysers are already reaching the ambitious EU 2030 electrolyser performance goals and in 2025, Hystar will install our first automated GW manufacturing facility.”