Renewable hydrogen: what way forward?
October 3 @ 14:30 - 16:30
This is a public event under Chatham House rules – hybrid format.
In the last consultation organised by ERCST, stakeholders identified a number of barriers to the uptake of renewable hydrogen. On the cost competitiveness side, renewable hydrogen in the EU still faces challenges in competing with hydrogen produced from fossil fuels, as well as with competing schemes overseas. This is due to performance factors and the availability of renewable energy coherent with the industry’s baseload needs. These factors hinder the healthy and market-driven development of renewable hydrogen capacity, dampening investors’ appetite. On the demand side, concerns related to infrastructure, costs, and flexibility further hinder the take-off of the EU renewable hydrogen market.
This roundtable aims to leverage the insights of invited speakers to explore strategies required to bridge the gap between the current and targeted levels of renewable hydrogen production and consumption in the EU. Key topics to be addressed include the importance of flexibility, technological neutrality, hedging and de-risking mechanisms, green standards, sectoral prioritisation, and state-aid financing.