EU Court of Auditors Criticizes Unrealistic Goals in EU Commission's Hydrogen Strategy

The European Court of Auditors has criticized the unrealistic goals set by the EU Commission in its hydrogen strategy. The production and import targets for green hydrogen by 2030 are considered too ambitious and not realistic.

The Commission's lack of a complete overview of the necessary investments and the differing ambitions of EU states have hindered progress. The report highlights problems in the value chain that threaten competitiveness and strategic dependencies.

The EU needs to update its hydrogen strategy to address these challenges. Additionally, the Commission's funding for the hydrogen industry is scattered across multiple programs, making it difficult for companies to access the right resources.

The EU's dependence on a few states for strategically important energy carriers is also a concern. Despite these criticisms, there are already numerous green hydrogen projects in operation in the EU, and some goals, such as sourcing 42% of hydrogen from renewable sources by 2030, are legally mandated.

Hydrogen remains a key element in decarbonizing the energy industry.