The European Court of Auditors found a lack of robust analyses in setting production and import targets, absence of a target price for hydrogen, diverging targets of EU member states, slow development of production capacity, and bureaucratic issues.
Investors are hesitant due to uncertain demand, causing potential users to be wary. The European Commission's failure to follow up on reports from the European Clean Hydrogen Alliance led to a general slowdown in progress.
#european-court-of-auditors #renewable-hydrogen-program #european-union #carbon-neutrality #energy-transition
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