Irish Enterprise Minister Simon Coveney has expressed support for the development of a green hydrogen e-fuel sector in Ireland, citing its potential to contribute €2.1 billion to the country's economy. A report by Hydrogen Mobility Ireland highlights the benefits of producing hydrogen-based e-fuels for aviation, including the creation of over 10,000 jobs by 2050. Coveney emphasized the advantages of green hydrogen production, such as job creation, decarbonization, and a resilient energy system. However, the report identifies challenges related to electricity supply and the need for significant renewable energy generation. Public funding and technology de-risking are also highlighted as crucial for the sector's development. The EU has set targets for increased use of aviation and maritime e-fuels, and Ireland aims to signal its commitment by leveraging its wind energy capacity and allocating sufficient funding to e-fuels projects.

Publication date: May 22nd 2023

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