The European Commission and the European electrolyser industry have signed a joint declaration containing a wide range of initiatives to improve framework conditions for electrolyser manufacturers in Europe. The joint declaration was signed by EU Commissioner for Internal Market, Thierry Breton, as well as Nel and other representatives from the electrolyser industry at the Electrolyser Summit in Brussels The joint declaration provides a solid foundation for the European Union’s ambitious ‘Hydrogen Accelerator’, that will be a part of the EUs plan to make Europe independent from Russian fossil fuels. This plan, which is called RePowerEU is expected to be communicated by the European Commission on 18 May.In March this year the European Commission announced its increased ambitions to double the previous EU renewable hydrogen target to 10 million tons of annual domestic production, plus an additional 10 million tons of annual hydrogen imports. According to industry estimates, reaching this target will require an installed electrolyser capacity of 90 - 100 GW in Europe, depending on utilization factors and efficiency rates. Consequently, the electrolyser production capacity must be scaled-up significantly.A couple of weeks ago Nel officially opened its new and fully automated electrolyser facility at Herøya in Norway. Currently the factory has a production capacity of 500 MW, which can be increased to 2 GW. The company has previously communicated an ambition to reach 10 GW production capacity in Europe, Asia and the US within 2025, if required by the market. The company has also stated that it will start a site selection process for additional production capacity in Europe.
The European Commission and the European electrolyser industry have signed a joint declaration containing a wide range of initiatives to improve framework conditions for electrolyser manufacturers in Europe. The joint declaration was signed by EU Commissioner for Internal Market, Thierry Breton, as well as Nel and other representatives from the electrolyser industry at the Electrolyser Summit in Brussels The joint declaration provides a solid foundation for the European Union’s ambitious ‘Hydrogen Accelerator’, that will be a part of the EUs plan to make Europe independent from Russian fossil fuels. This plan, which is called RePowerEU is expected to be communicated by the European Commission on 18 May.In March this year the European Commission announced its increased ambitions to double the previous EU renewable hydrogen target to 10 million tons of annual domestic production, plus an additional 10 million tons of annual hydrogen imports. According to industry estimates, reaching this target will require an installed electrolyser capacity of 90 - 100 GW in Europe, depending on utilization factors and efficiency rates. Consequently, the electrolyser production capacity must be scaled-up significantly.A couple of weeks ago Nel officially opened its new and fully automated electrolyser facility at Herøya in Norway. Currently the factory has a production capacity of 500 MW, which can be increased to 2 GW. The company has previously communicated an ambition to reach 10 GW production capacity in Europe, Asia and the US within 2025, if required by the market. The company has also stated that it will start a site selection process for additional production capacity in Europe.