DNSH – A Commitment to Sustainability in Investments
In the current European funding landscape, environmental sustainability has become an essential criterion. The DNSH principle ("Do No Significant Harm") is now a mandatory requirement for projects seeking support under the PRR and Portugal 2030 programmes.
To comply with this requirement, beneficiaries of such support must submit a self-assessment report by the project’s completion, demonstrating that their investments align with this principle.
Hydrogen Europe, the entity that represents the European sector of hydrogen and fuel cells, published the “Hydrogen Act”
Hydrogen Europe, the entity that represents the European sector of hydrogen and fuel cells, published the “Hydrogen Act”. This document is intended to be a guide to a comprehensive framework focused on harmonizing and integrating all hydrogen related actions and legislation. The “Hydrogen Act” concentrates on infrastructure and market aspects, describing three phases of development: the start-up phase, the “ramp-up” phase and the market growth phase.
Hydrogen Act
To meet the 2024 and 2030 targets of the EU Hydrogen Strategy, the start-up phase will require exceptions and derogations from existing EU rules, such as ease and/or reform of EU rules on state aid. For that, it will consider the challenges that the H2 sector faces in the context of the EU Green Agreement, the economic recovery after COVID-19 and the Strategy of Hydrogen.
On the infrastructure side, regulation of hydrogen networks requires a gradual approach in line with market and infrastructure evolution. This ramp-up phase is expected to start in 2025, minimizing funding through taxpayers' money.
The goal of the “Hydrogen Act” is to help establish a functional market for clean hydrogen as a new commodity in Europe, building the backbone of a global green H2 market.