Accelerating the hydrogen economy in Europe
Decarbonising industrial applications is one of the biggest challenges across the globe. While every region has a different mix of emission sources, in the EU nearly twenty percent of overall carbon equivalent emissions are rooted in industrial applications.
Using industry as a catalyst to accelerate the hydrogen economy is practical not just because of its scale. In the lead article we show that industrial use of hydrogen can become economically viable in the very near future.
Economic dynamics differ between countries
In multiple European countries, economic growth declined in the last quarter of 2018 and compared to previous quarters. Economic dynamics differ considerably between countries. Eastern European countries showed strong growth, while Germany, Italy and Turkey are among the weak performers. In our macroeconomic update you can read more about the state of the European economy.
Austria’s economy performed relatively well in the past two years compared to many European peers. In our Country Update we will shed a light on the factors underlying this strong performance.
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