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Italy Drafts Guidelines for National Hydrogen Strategy

11/17/2020

MILAN (Reuters) - Italy has set out guidelines for a national hydrogen strategy to help decarbonize the economy as it phases out coal and boosts renewable energy production to meet long-term climate targets. In a draft document called National Hydrogen Strategy Preliminary Guidelines, seen by Reuters, the Industry Ministry said it was targeting investments in the sector of around 10 billion euros ($12 billion) to 2030, with half of the amount coming from European funds and private investments. The ministry document, which said the plans could create more than 200,000 jobs and generate up to 27 billion euros for Italy's gross domestic product, said hydrogen could be used in transport, hea

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