📋 Tender Overview
Hydrogen (H2) can play a substantial role in alleviating emissions in the coming decades and being part of the mosaic of solutions for the mitigation of the climate change. Particularly, green H2 can serve as the crucial element to decarbonize hard to abate sectors such as selected transport and industrial segments, while helping the integration of large amounts of variable renewable energy sources to offer flexibility in the power sector. The EU has been encouraging a clean H2 economy by 2030, and the strategy to achieve its 2050 decarbonisation goals foresees 24% of H2 contributing to the total energy demand by 2050, 560 Mt CO2 abatement per year, 820 bn euro annual revenue generation, and a 15% reduction in local emission. The rapid development of the European Hydrogen Value Chain is expected to create approximately 1 million highly skilled jobs by 2030, and up to 5.4 million by 2050.
