Hydrogen Europe — 2024-06-27
News from Brussels
Hydrogen Europe has published its position paper on Renewable Energy Directive (RED III), the piece of legislation that aims to create a favourable regulatory and investment environment for the deployment of renewable energy sources which entered into force in November 2023, amending the previous RED II.
Member States have until 21 May 2025 to transpose the directive into national law and decide how to achieve the RFNBO target in industry. They may impose obligations on hydrogen users or introduce national mechanisms to incentivise investments across sectors. Each option has pros and cons, including investment attractiveness, industry competitiveness, market development, and regulatory complexity. This paper summarises the main transposition options and outlines the enabling conditions for successful RFNBO uptake in industry and achieving renewable energy targets.
Whichever strategy Member States adopt, there are certain enabling conditions which are essential for the successful RFNBO roll-out, including:
The successful implementation of REDIII targets requires a coordinated effort between Member States, industry stakeholders, and regulatory bodies and dedicated attention to the enabling conditions that make the industry thrive, promoting sustainability and competitiveness within the European Union.