12 February 2025 | 04:05 UTC — Insight Blog
Renewable hydrogen advancing in Europe despite high-profile project failures
Energy transition highlights: Our editors and analysts bring together the biggest stories in the industry this week, from renewables to storage to carbon prices.
Momentum is building for renewable hydrogen projects in Europe, despite recent high-profile cancellations and setbacks, as state-backed subsidy support auctions and end-user mandates underpin final investment decisions.
Over 3 GW of electrolysis capacity has passed FID in Europe , to produce 415,000 mt/year of renewable hydrogen, according to Commodity Insights data, compared with 2 GW of cancellations.
Experts attribute project failures to natural attrition in the nascent clean hydrogen sector.
"In a sense, I am not surprised by what I see in the marketplace," Energy Transitions Commission Chair Adair Turner told Commodity Insights.
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