/BERLIN, Octobe r 27, 2021, 10:00 CET, EIT InnoEnergy, RENEWABLE MARKET WATCHTM/ Europe is the world’s leading economic zone, putting the transition to net zero emissions at the core of its strategy. The plans do not only focus on direct climate goals, but also act as an economic and social growth engine. Electrification and large-scale deployment of renewables play a major role but have limitations due to their intermittent nature. Enter green hydrogen. By converting renewable energy into green hydrogen we not only create (long term) storage, but also the possibility to decarbonise hard to electrify industrial processes and power green feedstock in chemical processes.