What's holding back Europe's hydrogen ambitions? episode artwork

EPISODE · Feb 24, 2026 · 25 MIN

What's holding back Europe's hydrogen ambitions?

from Energy Evolution

The European Hydrogen Bank is meant to be Europe's big enabler for large-scale renewable hydrogen production, so why did the EU's second auction fail to deliver on its promise? In this episode of Energy Evolution, host Eklavya Gupte speaks with James Burgess, senior reporter at S&P Global Energy Platts, and Matthew Hodgkinson, senior principal analyst at S&P Global Energy Horizons, who explain why so many projects withdrew from the auction process and explore what's next for the EU's flagship model for kick-starting the green hydrogen sector. Our experts assess the challenges facing the nascent market and take a look at other recent developments across the region, including the latest from the H2Global import auctions and how the EU's Carbon Border Adjustment Mechanism is affecting hydrogen trade. Related content: News feature: European hydrogen industry digests failure of second EU auction H2Global news (Subscriber content): H2Global European hydrogen import auction opens global lot with Eur353/MWh cap Price assessments (Subscriber content): Spain Alkaline Renewable PPA Derived Hydrogen Eur/kg SARHE00

Episode metadata supplied by the publisher feed · Published Feb 24, 2026

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What's holding back Europe's hydrogen ambitions?

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