Source: European Parliament
Question for written answer E-001914/2024
to the Commission
Rule 144
Dan-Ştefan Motreanu (PPE)
The European Court of Auditors has warned that the EU is unlikely to meet its 2030 targets for the production and import of renewable hydrogen. These targets, set under the 2020 hydrogen strategy and the 2022 REPowerEU plan, foresee 10 million tonnes of renewable hydrogen being produced and a further 10 million tonnes being imported by 2030. Although EUR 18.8 billion has been allocated to hydrogen-related projects, the Court of Auditors considers these targets to be ‘unrealistic’ and based on political will rather than sound analysis.
The Court also highlights the lack of sufficient demand, which has led to the postponement of many investment decisions, aggravating the ‘chicken and egg’ paradox, in which supply and demand depend on each other. It also stresses that the funding available is scattered across several programmes, making it complex for companies’ to access that funding.
In view of these challenges, what steps will the Commission take to update the hydrogen strategy and ensure the 2030 targets are achieved?
Submitted: 2.10.2024