2023 has been a pivotal year for renewable hydrogen in the EU with the definition of “renewable hydrogen” (RFNBO), adoption of 2030 targets for renewable hydrogen (REDIII) and the launch of a subsidy auction for renewable hydrogen subsidies (H2 Bank).
With clear definitions for what constitutes renewable hydrogen and derivatives and adoption targets for emission reductions in various industries, these are crucial first steps in laying the foundation for a hydrogen economy in Europe. The launch of the subsidy auction further highlights Europe’s ambition in becoming a hydrogen hub for the future creating initial steps for hydrogen pathway.
Here is Yamna’s take and everything there’s to know on Europe’s renewable hydrogen definition, targets, and support, in 10 slides.
