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MIL OSI Translation. Region: Germany / Deutschland –

Source: Federal Ministry for Economic Affairs and Energy As part of the German EU Council Presidency, a high-level online event on so-called Projects of Common European Interest (IPCEI) is taking place today under the leadership of Federal Minister of Economics Peter Altmaier Launch of the “IPCEI Hydrogen”. After many months of preparation, today 22 EU member states – including Federal Economics Minister Peter Altmaier – and Norway are signing a declaration of intent (“Manifesto”) expressing their willingness to support the development of a European value chain, in particular for green hydrogen, and to invest billions in euros accordingly explain this new key technology. Federal Minister of Economics Peter Altmaier: “Hydrogen is a strategically important future technology on the way to achieving the EU’s climate targets and a key element in reducing CO2 emissions in the industrial and transport sectors. With the help of joint European projects and joint investments in hydrogen technologies, we want to become number 1 in the world in Europe and thus increase our competitiveness and secure jobs in the long term. ”Executive Vice-President of the European Commission, Margrethe Vestager:“ The development of clean hydrogen technologies and the necessary infrastructure will bring us one step closer to the goal of making Europe the first climate-neutral continent by 2050. No Member State and no company can do this alone – it will require significant public and private investment and cross-border cooperation. I welcome the fact that 23 European countries want to work together on an ambitious IPCEI. The Member States are at the wheel and can rest assured that the Commission will do everything in its power to support the projects and assess them as soon as possible after they have been registered. “EU Commissioner for the Internal Market, Thierry Breton:” Clean hydrogen plays plays a key role in the race to decarbonise numerous industries. At the heart of the European Green Deal, renewable and low-carbon hydrogen will not only help convert our industry to green energy, but will also represent significant business opportunities for EU companies. I welcome the initiative of 22 EU member states and Norway to start an IPCEI and thus add an important building block for the development of the hydrogen markets and the cross-border infrastructure in Europe Microelectronics already successfully put on the track. As a joint investment effort by cooperating European companies, these European projects, flanked by state funding, provide an important impetus in the European internal market and thus strengthen growth, employment, innovation and global competitiveness throughout Europe the EU member states noted the importance of the IPCEI and at the same time pleaded for more transparency and openness of the process. During the German EU Council Presidency, the BMWi promoted the development of further potential IPCEI projects in addition to today’s launch of a hydrogen IPCEI, including in the field of microelectronics and communication technologies and for the development of an industrial cloud. In view of the upcoming revision of the IPCEI legal framework in the next year, suggestions for improvement were made, such as the need for faster approval processes. Participation in an IPCEI should be possible for interested parties from all Member States, especially SMEs.

MIL OSI

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and / or sentence structure not be perfect.

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