VARIO maps out Flemish assets for the development of a strong hydrogen economy
Read the new VARIO advisory report 'Strategic exploration of Important Projects of Common European Interest (IPCEI). Part I: hydrogen.'
At the request of Flemish Minister of Economy and Innovation Hilde Crevits, VARIO made a study on the perspectives for a Flemish hydrogen economy (VARIO advisory report 12). Hydrogen is a necessary component in the transition to a carbon neutral world. The study shows that Flanders has a unique diversity of players that are situated in different links of the hydrogen value chain, and therefore has all the assets to play a leading role in Europe in the field of hydrogen, provided the right support. Minister Crevits now wants to use this study in the development of a Flemish hydrogen vision.
Flanders has the ambition to become a leader, but that requires more than just research, development and innovation: “Flanders must implement its hydrogen technology and applications for the realization of its own Flemish energy transition. This requires one streamlined Flemish policy, and at the very least the alignment of energy policy and research and innovation policy. Investments in the development of hydrogen technology must go hand in hand with investments in hydrogen infrastructure, and with a favorable legal and regulatory framework, ”says VARIO chairman Lieven Danneels.
The VARIO study is part of the preparation of a possible European "Important Project of Common European Interest" (IPCEI) on hydrogen, which may be launched at the end of this year. With IPCEI, Europe allows relaxation of state aid rules for innovative, cross-border, ambitious and complex projects that involve a high degree of technological, financial or market risks and require cooperation.