Foreign

EU vows to attract investment in hydrogen energy

Published

on

The Council of the European Union (EU) on Wednesday defined the attractiveness of international investments in hydrogen energy as a priority.

This is a consensus that was built in a virtual meeting with representatives of the Member States promoted by the Portuguese Presidency of the EU.

European energy portfolio leaders stressed the need to create a “stable regulatory framework” for hydrogen in the European Union, stressing that it is a competitive and predictable market.

“Public and private investments must come together, and governments have the responsibility to give the right signals, creating the conditions for the private sector to invest with stability and security,” said the Portuguese Minister of the Environment and the Environment. ‘Climate action, Joao Pedro Matos Fernandes.

Dutch Minister of Economic Affairs and Climate Policy Bas van’t Wout called for the mobilization of public sector investments for the implementation of the European strategy.

Planning the infrastructure needed for the production and distribution of hydrogen is crucial, said German Secretary of State for Economic Affairs and Energy Elisabeth Winkelmeier-Becker.

“It is time to accelerate investments and political decisions” in order to lay the foundations for stable investment, said Spain’s Secretary of State for Energy, Sara Aagesen Munoz.

Luxembourg Energy Minister Claude Turmes called on the EU to put in place a transparent system, as the private investor will only be interested in moving forward if there is transparency. (Xinhua / NAN)

(NAN)

Short Link: https://wp.me/pcj2iU-3yFt

NNN

NNN: :is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor[at]nnn.com.ng

Africa performs nearly 42 million COVID-19 tests – Africa CDC Abuja Master Plan Almost Completed – Official SEC accuses traders of frustrating electronic dividend registration EU condemns terrorist attack on Damasak, says humanitarian crisis looms Sub-Saharan Africa needs 245 billion dollars in external financing in 5 years – IMF NANNM seeks better wellness program for nurses Minister FCT honors traffic controller The FG reconstitutes the boards of directors of NABTEB, NSSEC SEC accuses traders of frustrating electronic dividend registration Correctional center controller recommends amnesty for some inmates Society defines May 5 as National Bible Day SEC instructs CMOs to update investor information Coronavirus – Zambia: COVID-19 update (April 14, 2021) FG distributes inputs to 7,500 women farmers Intelligence gathering is key to resolving insurgency -GOC Coronavirus – Namibia: COVID-19 update (April 14, 2021) More than one million confirmed COVID-19 deaths in Europe – WHO Broadband is crucial for Nigeria’s economic growth – Osinbajo Coronavirus – Malawi: COVID-19 update (April 14, 2021) How 24 private companies dump garbage in Kaduna every day Coronavirus – Eritrea: Announcement from the Ministry of Health (April 14, 2021) Coronavirus – Nigeria: COVID-19 update (April 14, 2021) Retailers, Others List Factors Affecting Cement Prices Cement We can’t say when the second hits of COVID-19 will arrive – Africa CDC Coronavirus – Ethiopia: COVID-19 update (April 14, 2021) Buhari returns to Abuja after medical check-up Governor of Kano, others reconcile Dangote and BUA on a candy Coronavirus – South Africa: COVID-19 update (April 14, 2021) NPA suspends ETO ticket at APM terminal Lawmaker lists obstacles to women’s empowerment Cooking gas prices rise in March – NBS AWF and Best Nature Photography announce call for nominations for Benjamin Mkapa African Wildlife Photography Awards Minister apologizes to Nigerians for power outages British Queen enters debate over Philip’s funeral outfits Police deploy 17,500 for LG Rivers election Russia, Ukraine hold military exercises, NATO responds FG reacts to location of Twitter’s African headquarters in Ghana German Constitutional Court drops controversial Berlin rent ceiling Coronavirus – Kenya: COVID-19 update (April 14, 2021) Buhari saddened by killing of soldiers in Bénoué, says Magashi Edo 2020 release: Okowa congratulates the Delta team Residents of Kano and Katsina accuse manufacturers of cement price Coronavirus – Rwanda: COVID-19 update (April 14, 2021) Greece lifts quarantine requirement for tourists NAFDAC impound vehicle loaded with unhealthy drugs and vaccines Afghanistan respects US troop withdrawal – Presidential Aid Stepping up vigilance as Africa deploys COVID-19 vaccines NOA to organize youth summit in Bauchi state IG dissolves surveillance units in Lagos, Port Harcourt NSF: Why I took Naija Ratels FC to Benin – Edeh