As the European Union pushes for greener energy solutions, hydrogen emerges as a critical player in the continent’s energy transition. Hydrogen, particularly low-carbon hydrogen, is increasingly seen as a viable solution to decarbonize hard-to-abate sectors. This comprehensive report delves into the evolving landscape of the European hydrogen market, examining the willingness to pay (WtP) for low-carbon hydrogen across different sectors, the role of policy instruments, and the market dynamics influencing hydrogen adoption.
Access the material to dive into the following questions:
- The transition to low-carbon hydrogen is essential for decarbonising Europe’s industrial sectors.
- The willingness to pay for low-carbon hydrogen varies across sectors and is influenced by policy frameworks, carbon pricing, and market conditions.
- Effective policy design, including financial incentives and consumption mandates, is crucial to making low-carbon hydrogen competitive with traditional fossil-fuel-based technologies.
- Both the EU and UK have developed support schemes for hydrogen, but differences in design may lead to varying levels of efficiency and cost-effectiveness.
Want to learn more? Access the Public Webinar recording here.
