Important Projects of Common European Interest

With an estimated 500 TWh of renewable electricity needed to produce the 10 million tons per year of clean hydrogen wanted by the European Union by 2030, the recent promise to ramp up European electrolyzer production capacity could give a boost to solar developers grappling with sluggish permitting regimes.

The 22 nations which have had their “recovery and resilience” spending plans approved by the European Commission are set to devote billions to clean energy facilities, with the cash set to be disbursed in three payments to the end of next year.

The bloc should accelerate investment into mining and processing within its shores, as well as ramping up recycling, according to European employers and trades unions, with coal workers already equipped with the necessary transferable skills.

European partners have submitted a joint proposal to use EU-made solar modules and wind turbines to power green hydrogen for use by heavy industry. The partners hope to secure designated status and backing from the bloc’s deep coffers.