Europe's industry is back: innovative and financially strong! European inventions and patents secure global market leadership in many areas. Clear EU rules ensure fair competition. And loans from the European Investment Bank enable young companies to enter the global market.
When it comes to hydrogen technology, European companies are playing in the top league worldwide. Companies from the EU are pioneers when it comes to producing synthetic fuels from renewable energies. In electrolysers made in Europe, wind and solar power are used to split water into its components: oxygen and hydrogen. Hydrogen is used to produce “green steel” – or fuel for machines, ships and aircraft. No climate-damaging CO2 is emitted – only water vapor.
