The European Commission intends to complete the assessment of the first Important Projects of Common European Interest on hydrogen by the summer, Trend reports with reference to the REPowerEU Plan presented by the European Commission.
Accelerated efforts are needed to deploy hydrogen infrastructure for producing, importing and transporting 20 million tonnes of hydrogen by 2030. Cross-border hydrogen infrastructure is still in its infancy, but the basis for planning and development has already been set by the inclusion of hydrogen infrastructure in the revised trans-European networks for energy.
Total investment needs for key hydrogen infrastructure categories are estimated to be in the range of EUR 28 - 38 billion for EU-internal pipelines and 6 - 11 billion for storage. To facilitate the import of up to 10 million tonnes of renewable hydrogen, the Commission will support the development of three major hydrogen import corridors via the Mediterranean, the North Sea area and, as soon as conditions allow, with Ukraine. Green Hydrogen Partnerships will facilitate the imports of green hydrogen while supporting the decarbonization in the partner countries.
Renewable hydrogen will be key to replace natural gas, coal and oil in hard-to-decarbonise industries and transport. REPowerEU sets a target of 10 million tonnes of domestic renewable hydrogen production and 10 million tonnes of renewable hydrogen imports by 2030.