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Powering a climate-neutral economy: Commission sets out plans for the energy system of the future and clean hydrogen, and launches the #EuropeanCleanHydrogenAlliance

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To become climate-neutral by 2050, Europe needs to transform its energy system, which accounts for 75% of the EU’s greenhouse gas emissions. The EU strategies for energy system integration and hydrogen, adopted today (8 July), will pave the way towards a more efficient and interconnected energy sector, driven by the twin goals of a cleaner planet and a stronger economy.

The two strategies present a new clean energy investment agenda, in line with the Commission’s Next Generation EU recovery package and the European Green Deal. The planned investments have the potential to stimulate the economic recovery from the coronavirus crisis. They create European jobs and boost our leadership and competitiveness in strategic industries, which are crucial to Europe’s resilience.

To help deliver on this Strategy, the Commission is launching today the European Clean Hydrogen Alliance with industry leaders, civil society, national and regional ministers and the European Investment Bank. The Alliance will build up an investment pipeline for scaled-up production and will support demand for clean hydrogen in the EU. The alliance will be built on the principles of cooperation, inclusiveness and transparency. The focus of the European Clean Hydrogen Alliance is on renewable hydrogen, complemented during a transition period by low-carbon hydrogen with very ambitious CO2 emission reductions compared to fossil-based hydrogen.The European Clean Hydrogen Alliance launch event will be live streamed here at 16h00.

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Follow the press conference by Executive Vice-President for the European Green Deal Timmermans and Commissioner for Energy Simson live on EbS.

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