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
Hydrogen Europe RESEARCH Energy companies Industrial companies Transport companies National Associations
Hydrogen Europe: Pure Hydrogen Companies FCH techno providers and/or pure players H2 Production & distribution Transport FC Stationery FC Others
Multitalent Hydrogen “Missing Link” 1. Energy vector 2. Fuel 3. Chemical feedstock
RES are the only winner! Source: IEA April 2020
European Green Deal Corona- Climate- Contract Corona imposes economic recovery. Climate protection remains a major challenge.
Mr Green Deal Frans Timmermans
How to scale up green hydrogen?
Unique opportunity to develop green hydrogen Hy Hydrogen So Solar/ r/wind Sa Salt bac ackb kbone res esources Caverns
Investments in EU Investments Investments in Ukraine and Investments Billion € Billion € North-Africa Electrolysers Electrolysers 13,7 13,5 Offshore Wind Solar CSP 44,7 39,4 Onshore Wind Onshore Wind 23,4 24,6 Solar PV Solar PV 14,2 14,0 TOTAL TOTAL 96,0 91,5 170.000 Jobs in electrolyser manufacturing
Investments happen now! 4 GW in 2030 10 GW in 2040 800.000 t of H2/y
HydroGenewables Heart of the Green Deal 1. Climate objectives maintained or raised. 2. Clear policy support for hydrogen industry. Covid-19 survey 3. Financial support linked to strong in the H2 industry commitments. 4. Compensating short term losses. 5. Unlock first commercial markets. windpark.be Illustration: FAZ Die Woche
Shift happens – Now!
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