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Euronews
Euronews
Marta Pacheco

EU hydrogen market hampered by costly production and uncertainty, energy regulators say

European Union Hydrogen Acer the European Union

The development of a hydrogen market in the European Union is far from meeting an ambitious 2030 target thanks to high fuel production costs and regulatory uncertainty, according to the latest report from the bloc's energy regulators.

The warning from the Agency for the Cooperation of Energy Regulators (ACER) comes as the EU tries to encourage hydrogen projects in a bid to reduce reliance on fossil fuels.

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