A 2x40 GW Green Hydrogen Initiative for a European Green Deal 7 May - - PowerPoint PPT Presentation

a 2x40 gw green hydrogen initiative for a european green
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A 2x40 GW Green Hydrogen Initiative for a European Green Deal 7 May - - PowerPoint PPT Presentation

Jorgo Chatzimarkakis Secretary General A 2x40 GW Green Hydrogen Initiative for a European Green Deal 7 May 2020 The following presentation is the property of Hydrogen Europe and is not a part of Nels official market analysis and company


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Jorgo Chatzimarkakis Secretary General

A 2x40 GW Green Hydrogen Initiative for a European Green Deal 7 May 2020

The following presentation is the property of Hydrogen Europe and is not a part of Nel´s official market analysis and company outlook

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Energy companies National Associations Transport companies Industrial companies Hydrogen Europe RESEARCH

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Hydrogen Europe: Pure Hydrogen Companies

FCH techno providers and/or pure players

H2 Production & distribution FC Transport FC Stationery Others

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  • 1. Energy vector
  • 2. Fuel
  • 3. Chemical feedstock

Multitalent Hydrogen

“Missing Link”

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Source: IEA April 2020

RES are the only winner!

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Corona imposes economic recovery.

Climate protection remains a major challenge.

Corona- Climate- Contract

European Green Deal

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Mr Green Deal

Frans Timmermans

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How to scale up green hydrogen?

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Unique opportunity to develop green hydrogen

So Solar/ r/wind res esources Hy Hydrogen bac ackb kbone Sa Salt Caverns

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Investments in EU Investments Billion € Electrolysers 13,7 Offshore Wind 44,7 Onshore Wind 23,4 Solar PV 14,2 TOTAL 96,0 Investments in Ukraine and North-Africa Investments Billion € Electrolysers 13,5 Solar CSP 39,4 Onshore Wind 24,6 Solar PV 14,0 TOTAL 91,5

170.000 Jobs in electrolyser manufacturing

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Investments happen now!

4 GW in 2030 10 GW in 2040 800.000 t of H2/y

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  • 1. Climate objectives maintained or

raised.

  • 2. Clear policy support for hydrogen

industry.

  • 3. Financial support linked to strong

commitments.

  • 4. Compensating short term losses.
  • 5. Unlock first commercial markets.

Covid-19 survey in the H2 industry

Illustration: FAZ Die Woche

HydroGenewables

Heart of the Green Deal

windpark.be

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Shift happens – Now!