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Northwest European Hydrogen Monitor 2024
Northwest Europe is at the forefront of low-emissions hydrogen development. This region accounts for around half of Europe’s total hydrogen demand, and it has vast and untapped renewable energy and carbon storage potential in the North Sea. It also has a well-developed, interconnected gas network which could be partially repurposed to facilitate the transmission and distribution of low-emissions hydrogen from production sites to demand centres.The development of low-emissions hydrogen in Northwest Europe could gradually scale up in the short- to medium-term. Northwest European countries now have the ambition to develop up to 30…
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Is the European Union on track to meet its REPowerEU goals?
…conservation and efficiency programmes to contain or reduce energy demand and enlarge the share of renewables in final energy consumption. Meanwhile, renewable energy shares in heating and cooling expand 0.9 percentage points annually up to 2027 – one-third faster than during the last decade, but well below the 2.3‑percentage-point annual increases needed to match REPowerEU ambitions. To accelerate deployment, more aggressive policies will be needed to strengthen heat pump supply chains; increase labour availability for installations; integrate renewable energy sources in district heating networks; scale up biomethane production; streamline permitting regulations for large-scale renewable heat projects…
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IEA Support to Accelerating Renewable Energy Permitting (ARPE)
…as well as all other stakeholders engaged in renewable energy project development.The project was funded by the European Union (EU) via the Technical Support Instrument, which is managed by the Reform and Investment Task Force (SG REFORM) of the European Commission. The project is implemented by the International Energy Agency (IEA), in cooperation with the European Commission. Background In May 2022, the European Commission released the REPowerEU aimed at rapidly accelerating the clean energy transition in the European Union. The plan includes increasing the 2030 target for renewable energy in the overall energy mix to 42.5% (with the ambition…
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Is renewable energy capacity in the European Union making windfall profits from high wholesale prices?
…In fact, the profits of major oil, gas, coal and refinery companies in the first half of 2022 more than doubled from the same period last year, and discussion on windfall profits in the European Union has extended to electricity generators (including renewables-based ones) that can produce electricity at lower marginal costs than natural gas-fuelled power plants. In October 2022, the European Council passed a regulation on an emergency intervention to address high energy prices. The regulation proposes windfall-profit levies on fossil fuel producers through a temporary solidarity contribution, and on electricity generators (or inframarginal electricity producers…
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Northwest European Hydrogen Monitor 2022
…extent on the supporting policy and regulatory frameworks, and continuous monitoring of progress. The cost-efficient development of renewable and low-emission hydrogen markets will also necessitate a regional approach in order to maximise the existing synergies amongst national marketThis is the first edition of the Northwest European Hydrogen Monitor. It aims to provide an annual update of the renewable and low-emission hydrogen market developments in Northwest Europe. It is the result of a collaboration among the countries involved in the Hydrogen Initiative of the Clean Energy Ministerial (CEM-H2I) workstream entitled, “Roundtable on the North-West European Region…
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Will new PV manufacturing policies in the United States, India and the European Union create global PV supply diversification?
Renewables 2022 This report forms a component of Chapter 4 of Renewables 2022 and addresses a key question in renewable energy markets. The high level of geographical concentration in the global PV supply chain has led the European Union, India and the United States to introduce policy incentives to support domestic PV production. This could result in an unprecedented expansion of PV manufacturing outside of China in the next five years. However, diversifying manufacturing will be possible only if production costs fall to ensure competitiveness with the lowest-cost producers (e.g. in China and ASEAN countries) in both the short and…
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Clean Energy Transitions Programme 2023
Annual report 2023 The Clean Energy Transitions Programme (CETP) is the IEA’s flagship initiative for accelerating progress toward a global net zero energy system. Launched at the 2017 IEA Ministerial to leverage the Agency’s expertise, insights and influence, the programme has provided world-class analysis, technical assistance and capacity building to support the most ambitious reorientation of the world’s energy systems this century. The CETP’s work is structured across three pillars of activity, with a particular focus on emerging markets and developing economies. The first of these focuses on supporting emerging and developing countries to establish…
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Northwest European Hydrogen Monitor 2025
Northwest Europe is at the forefront of low-emissions hydrogen development. This region accounts for around 40% of Europe’s total hydrogen demand, and it has vast and untapped renewable energy and carbon storage potential in the North Sea. It also has a well-developed, interconnected gas network that could be partially repurposed to facilitate the transmission and distribution of low-emissions hydrogen from production sites to demand centres.The development of the low-emissions hydrogen market in Northwest Europe could gradually scale up in the short- to medium-term. Northwest European countries now have ambition to develop up to…
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How to Avoid Gas Shortages in the European Union in 2023
…If gas exports from Russia drop to zero and China’s LNG imports rebound to 2021 levels, there is a risk of a shortfall gas supplies in 2023. Measures already taken by EU governments on energy efficiency, renewables and heat pumps should help reduce the size of this potential natural gas supply-demand gap in 2023. A recovery in nuclear and hydropower output from their decade-low levels in 2022 should also help narrow the gap. Despite all of this, the EU’s potential gas supply-demand gap could reach 27 billion cubic metres in 2023.This new report provides…
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Hydrogen in North-Western Europe
…infrastructure connecting these ports with other industrial hubs. This gas network could be partially repurposed to facilitate hydrogen delivery from production sites to demand centres. Governments in this region also have ambitious goals for greenhouse gas (GHG) emissions reduction and strong political interest in hydrogen as an opportunity to maintain industrial activity in the region.North-western Europe has vast, underutilised potential renewable energy in the North Sea, which is central to decarbonisation strategies for countries in this region. Utilisation will require integrating large volumes of variable wind power into their energy systems, which may require upgrading electric grid infrastructure and…
