Europe’s Lost Green Hydrogen Momentum: An Opportunity for Global Suppliers? examines the slowdown in Europe’s green hydrogen sector despite ambitious decarbonization goals established through the European Green Deal and the Fit for 55 program. Green hydrogen was positioned as a key pillar of Europe’s energy transition, supporting targets to reduce emissions and achieve net-zero by 2050. While initial industry enthusiasm led to numerous project announcements, policy initiatives, and investment commitments, market momentum has weakened due to high production costs, financing challenges, regulatory uncertainty, infrastructure limitations, and slower-than-expected demand growth. The report explores how these setbacks may create opportunities for global suppliers and exporters that can provide

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