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The EU Hydrogen Market: Fit for investments?
May 31 @ 14:30 - 16:30
This was an in-person meeting.
During the previous ERCST hydrogen roundtable discussion, the different pieces of the EU H2 policy and regulatory framework were assessed, focusing on its readiness and capacity to adapt to different ambition levels. The discussion was also intended to explore if the framework has been completed or whether there are still some bottlenecks that should be addressed.
As concluded in the meeting, most of the different pieces of the hydrogen regulatory framework have been proposed and find themselves in final stages of the legislative process. In this sense, it could be argued that the proposed framework is comprehensive and that its architecture has been carefully designed making sure that most of the elements included in the European Hydrogen strategy will be part of this framework.
Beyond its fine architecture, during this discussion we wanted to question whether the proposed framework can be regarded not just as complete or comprehensive, but also as an attractive and practical tool to attract investments.
Questions for discussion:
- Is the proposed regulatory framework practical and attractive enough to direct hydrogen investments to the EU?
- Have enough financial means been provided to make sure EU companies will lead the transition towards a decarbonized hydrogen market?
- Are the financial tools and instruments employed fit for purpose?