EU to Change Hydrogen Subsidy Rules to Tackle Chinese Oversupply

The European Union is working on new hydrogen subsidy rules to protect European manufacturers from “unfair” Chinese competition, the bloc’s climate chief said on Monday. Wopke Hoekstra, the commissioner for climate action, made the revelation at the Eindhoven University of Technology in the Netherlands, where he spoke at the opening of the academic year. The announcement follows a request to the commission by European manufacturers of electrolyzers—machines that produce low-emission hydrogen—to create made-in-Europe criteria in the second European Hydrogen Bank subsidy auction later this year. It also follows a warning from the industry that the EU’s hydrogen sector could lose the ability to compete with Chinese companies, which have already devoured the global solar markets....