According to the International Energy Agency (IEA), hydrogen may be used as an alternative fuel in industries that are difficult to electrify and emit significant GHG emissions. These include the steel and chemical industries. Hydrogen can unleash renewable energy potential as it may be stored for long periods of time as hydrogen. Furthermore, it can contribute towards the decarbonization of economies, notably in industry and transport, and, thus, make renewables more relevant in areas that were inaccessible until the recent past. Finally, hydrogen can be a cost competitive solution, especially grey hydrogen.
This whitepaper aims to understand the demand and supply landscape for hydrogen, a valuable alternative fuel, in Europe, in addition to compiling all hydrogen related policy making in the region.
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