The European Union's hydrogen targets for 2030 translate into an annual demand of approximately four million metric tons. In its first April 2024 auction, the EU's Hydrogen Bank subsidy program allocated funding to projects with a forecast annual production of 0.7 million metric tons.
Targets and Hydrogen Bank funding for green hydrogen supply in the European Union by 2030
(in million metric tons)
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Energy Post. (May 19, 2024). Targets and Hydrogen Bank funding for green hydrogen supply in the European Union by 2030 (in million metric tons) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1478838/eu-green-hydrogen-supply-targets/
Energy Post. "Targets and Hydrogen Bank funding for green hydrogen supply in the European Union by 2030 (in million metric tons)." Chart. May 19, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1478838/eu-green-hydrogen-supply-targets/
Energy Post. (2024). Targets and Hydrogen Bank funding for green hydrogen supply in the European Union by 2030 (in million metric tons). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1478838/eu-green-hydrogen-supply-targets/
Energy Post. "Targets and Hydrogen Bank Funding for Green Hydrogen Supply in The European Union by 2030 (in Million Metric Tons)." Statista, Statista Inc., 19 May 2024, https://www.statista.com/statistics/1478838/eu-green-hydrogen-supply-targets/
Energy Post, Targets and Hydrogen Bank funding for green hydrogen supply in the European Union by 2030 (in million metric tons) Statista, https://www.statista.com/statistics/1478838/eu-green-hydrogen-supply-targets/ (last visited November 22, 2024)
Targets and Hydrogen Bank funding for green hydrogen supply in the European Union by 2030 (in million metric tons) [Graph], Energy Post, May 19, 2024. [Online]. Available: https://www.statista.com/statistics/1478838/eu-green-hydrogen-supply-targets/
