100% renewable targets will require power storage to manage flows on the net
Electrolysers utilise these intermittent power flows to produce H2 gas from water
H2 gas can be stored in large quantities underground and transported via existing gas pipelines
H2 vehicles recharge faster and are more durable than battery powered transport
Growing H2 demand in industrial processes will reduce costs and increase supply

As according to the EC, a €630 bln clean hydrogen market could be up and running by 2050 and on June 10 2020 Germany lashed out with 9 bln support by 2030, it was clear the French needed to move as well. Et voilà , €3,4 bln by 2023 and up to 7 bln total by 2030 were announced by prime minister Jean Castex on September 3, 2020:

The plan revolves around support for regional actors, a tender for green hydrogen production (electrolyzers) and the development of a French Important Project of Common European Interest, IPCEI.

Italy SNAM Rete Gas issued a study with the The European House of Ambrosetti that was presented in its famous Annual Forum at Cernobbio (see photo) on September 5, 2020. Marco Alvaro CEO of SNAM Rete gas indicated that ” the study points to some significant prospects, with a potential cumulated production value for the period 2020-2050 of €1,500 billion and the potential creation of over 100,000 jobs by 2030 and 500,000 by 2050. The impact on GDP by 2050 could reach almost €40 billion. In environmental terms, moreover, by 2050 hydrogen can help Italy to reduce its CO₂ emissions by almost one third compared to 2018.” No budget to achieve this potential were indicate in the study.

Last but not least the Dutch governemnt announced on September 7, 2020 a so-called “the Wopke – Wiebesfonds” of € 20 bln for the coming five years as a direct investment in infrastructure (hydrogen is mentioned…), knowledge development, research and innovation. Minimum project budget €30 mln.