New European hydrogen bank en route

Europe must transform continental hydrogen from a niche to mass market, says EU Commission, which means to establish a bank specialized in financing projects and supporting procurement related to the elemental gas.
Der skal være langt flere brinttanke som disse med grønt brint i Europa, og EU-Kommissionen vil nu have en decideret brintbank, der skal hjælpe økonomisk med at opbygge markedet. | Photo: Lasse Hyldager/Green Hydrogen Systems
Der skal være langt flere brinttanke som disse med grønt brint i Europa, og EU-Kommissionen vil nu have en decideret brintbank, der skal hjælpe økonomisk med at opbygge markedet. | Photo: Lasse Hyldager/Green Hydrogen Systems
BY LOUISE WENDT JENSEN, TRANSLATED BY DANIEL FRANK CHRISTENSEN

A new bank in Europe will be established to help usher in an extensive hydrogen economy, said EU Commission President Ursuala von der Leyen Wednesday from Strasbourg while holding her annual State of of the European Union speech.

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