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Green hydrogen

EU regulation and green hydrogen – pioneers urgently wanted

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Published: February 1st, 2024,
Last updated: May 28th, 2025

By Dirk Niemeier
Dirk Niemeier is Director and Clean Hydrogen Solutions Lead in Germany at Strategy& – the management consultancy of PwC. (PwC)

The EU hydrogen strategy provides for an ambitious growth plan: The capacities for the production of green hydrogen are to be increased from six gigawatts (GW) planned for this year to 40 GW by 2030. The target by 2050 is 500 GW. However, installed capacities only amounted to around 0.2 GW by the end of 2023. The reasons: Major uncertainties regarding the regulation of clean hydrogen and its derivatives as well as a lack of buyers due to the significantly higher prices compared to fossil alternatives.

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