• RankiaPro Spain
Menu
  • RankiaPro Spain
SUBSCRIBE
Search
Close
  • Home
  • Insights
    EQUITIES
    EQUITIES
    FIXED INCOME
    FIXED INCOME
    ESG
    ESG
    INTERVIEWS
    INTERVIEWS
    MARKET OUTLOOK
    MARKET OUTLOOK
    ETF
    ETF

    Featured

    rankiapro-acontecimientos-podrian-marcar-mercados-verano
    Insights

    What events could mark the markets this summer?

  • News
    APPOINTMENTS
    APPOINTMENTS
    LAUNCHES
    LAUNCHES
    ASSET MANAGERS
    ASSET MANAGERS

    FEATURED

    COVER IMAGE WEB POSTS (5)
    Appointments

    DWS: Sebastian Krämer-Bach to take over Communications & Marketing from Adib Sisani

  • Magazine
    RANKIAPRO EUROPE
    RANKIAPRO EUROPE
    RANKIAPRO IBERIA
    RANKIAPRO IBERIA
  • Events
    RANKIA FUNDS EXPERIENCE
    CONFERENCE CALLS
    CONFERENCE CALLS
    RANKIAPRO MEETINGS
    RANKIAPRO MEETINGS
  • Podcast
  • MiFIDII Training
Menu
  • Home
  • Insights
    EQUITIES
    EQUITIES
    FIXED INCOME
    FIXED INCOME
    ESG
    ESG
    INTERVIEWS
    INTERVIEWS
    MARKET OUTLOOK
    MARKET OUTLOOK
    ETF
    ETF

    Featured

    rankiapro-acontecimientos-podrian-marcar-mercados-verano
    Insights

    What events could mark the markets this summer?

  • News
    APPOINTMENTS
    APPOINTMENTS
    LAUNCHES
    LAUNCHES
    ASSET MANAGERS
    ASSET MANAGERS

    FEATURED

    COVER IMAGE WEB POSTS (5)
    Appointments

    DWS: Sebastian Krämer-Bach to take over Communications & Marketing from Adib Sisani

  • Magazine
    RANKIAPRO EUROPE
    RANKIAPRO EUROPE
    RANKIAPRO IBERIA
    RANKIAPRO IBERIA
  • Events
    RANKIA FUNDS EXPERIENCE
    CONFERENCE CALLS
    CONFERENCE CALLS
    RANKIAPRO MEETINGS
    RANKIAPRO MEETINGS
  • Podcast
  • MiFIDII Training
Search
Close
Search
Close

Home | RePowerEU: from European energy dependence to opportunities related to the development of green hydrogen

RePowerEU: from European energy dependence to opportunities related to the development of green hydrogen

This article by Marco Mencini, Senior Portfolio Manager Plenisfer Investments (Boutique of Generali Investments) analyses how this is impacting the acceleration of the development of renewable energies and, in particular, the increase in the production of green hydrogen, whose costs have been progressively decreasing, which represents an incentive for its deployment.
Marco Mencini

Senior Portfolio Manager at Plenisfer Investments (Boutique of Generali Investments)

  • 4 August 2022

The war in Ukraine has highlighted the need for Europe to accelerate the diversification of energy sources in order to ensure greater independence and security in this area. On 17 May, the European Commission detailed the objectives of the RePowerEU plan that aims to rapidly reduce dependence on Russian fossil fuels and accelerate the energy transition. Among the objectives indicated is an increase of renewable energy generation to 45% of overall energy needs by 2030 compared to the 40% already envisaged under the Fit 55 Plan approved last year.

NN Investment Partners celebrates milestone of EUR 3 billion in AuM in Green Bonds_interior

The acceleration in the development of renewable energy goes hand in hand with the potential incremental production of green hydrogen generated through an electrolysis process powered by renewable sources to separate the oxygen from the hydrogen contained in the water.

The development of green hydrogen production was already envisaged in the European Green Deal the plan that aims to achieve net zero greenhouse gas emissions by 2050 according to which hydrogen should reach 80% of our combustable gases by 2050.

On this front, RePowerEU aims to double the green hydrogen production target set for 2030 to 10 million tons per year, while importing an additional 10 million tons from abroad, thus replacing up to 50 billion cubic meters per year of Russian gas currently imported. This represents enormous growth potential if we consider that today green hydrogen makes up only 1% of total hydrogen production.

The development of green hydrogen production though debated for the last two decades, has been stymied by excessive costs. These costs have progressively fallen, especially in the last decade 60%) and it’s estimated that they should further halve by 2030 ( International Energy Agency).

The President of the European Commission, Ursula von der Leyen, has stated that “Because of the current rise in gas prices that we see, green hydrogen today can even be cheaper than grey hydrogen. Our goal is to bring the cost below €1.80/kilo by 2030“.

At Plenisfer we believe that the political will to support this energy source combined with ongoing technological developments and the reduction of production costs have, after decades, created the conditions for an effective deployment of green hydrogen.

  • Europe, green, green hydrogen

Related Post

rankiapro-europe-china-growth-outlook-counting-cost-lockdowns
  • Insights, Market Outlook

Growth figures in Europe are surprisingly strong

Guy Wagner and his team in their latest monthly market report "Highlights".
Inflation outside
  • Fixed Income, Insights

Which are the best Euro Inflation-linked bond funds?

Inflation has reached all time high levels, being situated around 8.1%. Under this current situation, Euro Inflation-linked bond funds offer long-term protection against inflation.
Outside inflation federated hermes
  • Insights, Market Outlook

What is happening with inflation in Europe?

ECB faces a serious policy dilemma, between inflation and possible recession in the face of dwindling Russian gas supplies and energy rationing.
NEWSLETTER
If you want to keep up to date with the latest news from the asset management industry and all our events, subscribe now to our newsletter.
Subscribe

Last Tweets

11 Aug

🗣 Isn’t high inflation bad for bonds?

https://en.rankiapro.com/high-inflation-bonds/

10 Aug

🗣US health care, with promising drug pipelines, looks attractively valued

...https://en.rankiapro.com/us-health-care-drug-pipelines-valued/

10 Aug

🧐 What events could mark the markets this summer?

https://en.rankiapro.com/events-markets-summer/

10 Aug

📣 Luca Genoni, Private Banker at Fideuram Intesa Sanpaolo Private Banking is our Advisor of the Month for August!

...🔎 Read the full interview here 👇

https://en.rankiapro.com/luca-genoni-fideuram-is-our-advisor-month/

RankiaPro

  • Home
  • Insights
  • News
  • Magazine
  • Events
  • About us
Menu
  • Home
  • Insights
  • News
  • Magazine
  • Events
  • About us

Terms and uses

  • Cookies Policy
  • Privacy Policy
  • Disclaimer
Menu
  • Cookies Policy
  • Privacy Policy
  • Disclaimer

Contact

  • Email: [email protected]
  • Phone: (+34) 963 386 976
  • Mobile: (+34) 640 308 023

Newsletter

If you want to keep up to date with the latest news from the asset management industry and all our events, subscribe now.

Subscribe

All rights reserved © 2003 – 2021 Rankia S.L.

RankiaPro

  • Home
  • Insights
  • News
  • Magazine
  • Events
  • About us
Menu
  • Home
  • Insights
  • News
  • Magazine
  • Events
  • About us

Terms and uses

  • Cookies Policy
  • Privacy Policy
  • Disclaimer
Menu
  • Cookies Policy
  • Privacy Policy
  • Disclaimer

Contact

  • Email: [email protected]
  • Phone: 963 386 976 – 601 302 692

All rights reserved © 2003 – 2021 Rankia S.L.

Manage Cookie Consent
To provide you the best experience on our website, we use technologies like our own and third-party cookies for analytical purposes and to store device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique identifiers on this site. Not consenting or withdrawing consent may adversely affect certain features and functions.

To learn more, please read our Cookie Policy and Privacy Statement.
Functionality or Personalisation Cookies Always active
These cookies are necessary for the website to function or for the unique purpose of transmitting a communication over an electronic communications network, and cannot be disabled on our systems. Usually they are set up to respond to actions made by you to receive services, such as adjusting your privacy preferences or filling out forms. You can set your browser to block or alert you to the presence of these cookies, but some parts of the website will not work. These cookies allow the website to provide better functionality and personalisation. They may be set by us or by third parties whose services we have added to our pages. If you do not allow these cookies some of our services will not work properly.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics Cookies
These cookies allow us to count traffic sources in order to measure and improve the performance of our website. Storage or technical access which is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing Cookies
These cookies may be site-wide, placed by our advertising partners. These third parties may use them to create a profile of your interests and show you relevant adverts on other sites. If you do not allow these cookies, you may receive less targeted advertising.
Manage options Manage services Manage vendors Read more about these purposes
Cookie Settings
{title} {title} {title}
  • RankiaPro Spain
Menu
  • RankiaPro Spain
Menu
  • Home
  • Insights
    • Equities
    • ESG
    • ETF
    • Fixed Income
    • Interviews
    • Market Outlook
  • News
    • Appointments
    • Asset Managers
    • Launches
  • Magazine
    • RankiaPro Europe
    • RankiaPro Iberia
  • Events
    • Rankia Funds Experience
    • Online Events
    • RankiaPro Meetings
  • Podcast
  • MIFIDII Training

Follow us on social media

Linkedin Twitter Youtube Flickr

NEWSLETTER

Subscribe

Book now

RePowerEU: from European energy dependence to opportunities related to the development of green hydrogen