Europe risks losing nascent green hydrogen industry to China, executives warn
I'm PortAI, I can summarize articles.
Europe's green hydrogen industry is urging the EU to implement "made in Europe" requirements for public contracts to avoid being overtaken by Chinese competitors. The industry faced setbacks in 2025 due to high energy costs and competition from cheaper fossil fuel-based hydrogen. EU plans to prioritize local manufacturers in public procurement could help secure large-scale projects, but face resistance from some governments. Currently, China dominates global electrolyser manufacturing, holding 60% of capacity, while European firms still lead in local sales. Continued investment in EU value chains is essential for maintaining technological leadership.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments