The Commission has decided to take further measures to support the development of the European hydrogen market, through the launch of a new pilot mechanism. “Hydrogen - explains the EU Executive - will play an important role in achieving the objectives of the Green Deal, in the gradual elimination of fossil fuels (particularly those of Russian origin) and in supporting the decarbonisation and competitiveness of industry European". The point on the European hydrogen market, on the strategies and investments in progress and on the cooperation between the EU and third countries, such as Japan, in the hydrogen field.
Fit for 55: the Council approves the package for the gas and hydrogen market
The Commission's new pilot mechanism for the hydrogen market
Among the initiatives to support the development of the European hydrogen market , the European Commission has decided to launch a “ pilot mechanism ”, under the recently adopted Decarbonised Gases and Hydrogen Package , which aims to accelerate investments by providing a clearer picture of the market situation from both the point of view of buyers and suppliers and facilitating contacts between them.
The new mechanism, which will be operational for five years and will be part of the