New analysis suggests the EU’s current renewable hydrogen targets under RED III could be met largely through existing refinery demand until around 2035. However, if more member states adopt the higher ambitions already announced by countries such as Germany and Spain, renewable hydrogen demand could increase by around 50% by 2035.
In that scenario, wider deployment of fuel-cell vehicles (FCEVs) and e-fuels would play a much greater role.
According to Argus Media, around 65% of EU member states have already transposed the transport provisions of RED III into national legislation, issued draft measures or launched consultations on implementation.
The analysis suggests that while refinery demand is expected to remain the main driver of renewable hydrogen consumption over the next decade, more ambitious national targets could significantly expand demand across other transport applications, reinforcing the need for additional hydrogen production capacity and supporting infrastructure.
Source: Argus Media
