European hydrogen markets face investment gaps as bankable demand remains limited

European hydrogen markets: Bar chart comparing 4.2 GW of committed EU electrolysis capacity in September 2026 with 2030 strategy and scenario benchmarks of 30–58 GW.

European hydrogen markets are expanding more slowly than policy ambitions suggest, with 4.2 GW of committed electrolysis capacity against 30–58 GW envisaged in 2030 strategies and scenarios. Investment is concentrated in refining, where enforceable obligations support demand. Other industrial applications face difficulties securing customers willing to pay higher costs, while uncertain uptake holds back decisions on pipelines, storage and import […]

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