Transition

EIB: EU should set target for green hydrogen to push gas out of market

Getting the price of renewable power down to €0.02-0.03/kWh would make green H2 cheaper than natural gas — which will be vital for the EU to hit zero emissions by 2050, says EIB vice-president

EIB vice-president Andrew McDowell speaking at the Empower conference in Brussels on Tuesday, alongside TenneT CEO Manon van Beek.
EIB vice-president Andrew McDowell speaking at the Empower conference in Brussels on Tuesday, alongside TenneT CEO Manon van Beek.Jason Bickley/WindEurope
  • Leigh Collins in Brussels
Published 19 February 2020, 12:51Updated 19 February 2020, 15:31
Europe