EU: Electric trucks and “green” hydrogen promising investments

“Green” hydrogen, a jet fuel with low carbon content, and electric trucks, are among the 55 “clean” technologies that can help the European Union to become climate-neutral by the middle of the century, according to the latest research.

The research conducted by Capgemini Invent should provide guidelines for legislators and investors and identify the technologies and projects that the EU might invest in from the budget and the recovery fund in order to help the economies recover from the coronavirus crisis.

The researchers had studied 200 projects and picked 55 technologies “ripe for investment”, which means that they might bring results in a short period of time, that is, from 2030 to 2050.

According to the data, potentially, a market of goods and services with net zero emissions of harmful gases worth a total of EUR 790 billion annually could be created and the emissions could be reduced by 871 million tons.

Transportation projects entail huge fuel production facilities with a low share of carbon for air transport, “green” boats powered by ammonia and infrastructure for maritime transport, electrification of trucks and infrastructure for the charging of electric vehicles.

Capgemini Invent

green hydrogen

clean technologies

low carbon fuels

electric trucks

ammonia powered boats