by Mihai Bălan and Radu Dudău
With last December’s European Green Deal, the EU has firmly embarked on the pursuit of ambitious decarbonization targets for 2030 and carbon neutrality by 2050. Against that background, this year’s pandemic crisis and the global economic breakdown it caused, brought to the fore the need for a green recovery, promising a complete overhaul of the EU economy and industrial strategy. In this context, new opportunities arise for the further development of sector integration and value chains for clean hydrogen, deemed essential for putting Europe on track for reaching net-zero carbon emissions by 2050, based on its applicability in hard to abate sectors, such as transport and industry.
The whole article can be consulted at pages 19-20 of the CEEP Report Q2 (60) 2020.