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EU plans ‘completely change outlook’ for global hydrogen economy

By Hydrogen News

BloombergNEF (BNEF) predicts that the EU’s and Germany’s plans to push the use of green hydrogen to decarbonize the economy are likely to trigger a competitive race with China that will be crucial for a global breakthrough of the technology. Europe’s recent commitments “completely change the outlook” for a sharp reduction in costs that will allow scaling up production and use of renewable hydrogen.

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