A statement on boosting EU production capacity for electrolyzers was signed by the European Commission, Hydrogen Europe, and 20 European businesses, including Topsoe. The proclamation supports the EU’s new goal to produce 20 million tonnes of renewable hydrogen domestically each year and import an extra 20 million tonnes each year.
The European Commission, Hydrogen Europe and 20 European companies including Topsoe signed a declaration on increasing electrolyzer manufacturing capacity in the EU
Power-to-X and energy independence in the EU won’t happen until we also increase electrolyzer production there, according to Roeland Baan, CEO of Topsoe. I am thus very pleased to see the EU’s and the industry’s commitment to doing just that.
The European Commission, Hydrogen Europe, and 20 European companies, including Topsoe, signed a declaration on increasing EU manufacturing capacity for electrolyzers. The declaration backs the EU’s new objective to domestically produce 20 million tonnes of renewable hydrogen annually and import an additional 20 million tonnes.
According to Roeland Baan, CEO of Topsoe, achieving Power-to-X and energy independence in the EU won’t be possible until we also enhance electrolyzer output there. I am thus extremely happy to see the industry’s and the EU’s dedication to achieving precisely that.
Three pillars support the united declaration:
1.pledging to defend the ambitious goals outlined in the reform of the Renewable Energy Directive and the Alternative Fuels Infrastructure Regulation Proposal, as well as ensuring a supportive regulatory environment through sufficient permitting regulations.
2. Expanding the Innovation Fund to include the production of new, zero- and low-carbon equipment, such as electrolyzers, will make it easier for people to acquire enough financing. In order to further encourage the widespread use of clean hydrogen technologies, state aid is also available to derisk investments and Carbon Contracts for Difference are implemented.
3. Increasing R&D and guaranteeing the timely and cheap availability of necessary components and materials are two ways to integrate supply chains.
In accordance with the Joint Declaration, the top electrolyzer producers in Europe pledged to boost their production capacity to 17.5 GW by 2025 and to further expand it to meet predicted demand for renewable hydrogen by 2030.
Electrolyser manufacturers in Europe committed on Thursday (5 May) to increase their manufacturing capacity tenfold – to 17.5 GW per year by 2025 – as part of a joint declaration with the European Commission in Brussels.