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Insights from Argus’ latest webinar on the progress across different areas of policy, demand and project advancement and the outlook for the hydrogen sector.
Argus Media recently held a webinar, hosted by Argus colleagues Aftab Siddiqui, senior product marketing manager, Tim Hard, SVP energy transition business development and editor Stefan Krümpelmann.
The webinar included discussions on national and regional laws and regulations, subsidising infrastructure and production, progress in crucial existing pillars, movement in new thematic industries, and stirring in mobility and FIDs.
The speakers revealed some key information about the hydrogen market:
• Until 1 January 2030 renewable power produced or purchased via a power purchase agreement will have to match hydrogen production on a monthly basis; from 1 January 2030 onwards they will have to match this on an hourly basis
• 42% of all hydrogen or derivatives used in industry to come from renewables by 2030
• 60% of all hydrogen or derivatives used in industry to come from renewables by 2035
• 1.2% of all energy supplied to the maritime sector to be renewable hydrogen or derivatives in member states with maritime...
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