Search   
Home > NEWS > World >

Content

EU vows to attract investment in hydrogen energy

Release Date:2021-04-08 12:16:35     Source:Xinhua

The Council of the European Union (EU) on Wednesday defined the attraction of international investments in hydrogen energy as a priority, in a consensus built during a virtual meeting with representatives of the member states promoted by the Portuguese presidency of the EU.

The European leaders of the energy portfolio highlighted the need to create a "stable regulatory framework" for hydrogen in the European Union, noting that it is a competitive and predictable market.

"Public and private investment must ally, and governments have a responsibility to give the right signals, creating the conditions for the private sector to invest with stability and security," said Portuguese Minister of Environment and Climate Action Joao Pedro Matos Fernandes.

The Netherlands Minister for Economic Affairs and Climate Policy Bas van't Wout urged for mobilizing public sector investment for the implementation of the European strategy.

The planning of the necessary infrastructure for the production and distribution of hydrogen is crucial, said Germany's Secretary of State for Economic Affairs and Energy Elisabeth Winkelmeier-Becker.

"It is time to accelerate investment and political decisions" in a bid to lay the foundations for stable investment, said Spain's Secretary of State for Energy Sara Aagesen Munoz.

Luxembourg's Energy Minister Claude Turmes called on the EU to establish "a transparent system, because the private investor will only be interested in moving forward if there is transparency."

 

Editor: Leon

About us | Contact us | Legal notice

Sponsored by National Energy Administration          Operated by China Information Corporation

Registration number:11044902

It's recommended to use the Chrome,Firefox,IE9 and above browsers to get a better view.

DR_code