Clean tech producers call on EU to boost support for green shipping fuels in Europe
The EU's early industrial advantage could disappear while international markets mature, warn European clean tech producers
Download documents
According to the recently published Sustainable Transport Investment Plan (STIP), decarbonising the shipping industry is estimated to require between €35 and €47 billion in annual investments by 2035.
While the majority will come from the private sector, public funding is essential to de-risk first-of-a-kind projects and steer the market toward fuels that align with Europe’s priorities. The STIP is a positive step to support the e-fuels industry, but it relies on tools such as the European Hydrogen Bank auctions or the Innovation Fund, which have proven insufficient.
The European Commission must now follow through with concrete actions to boost domestic e-fuels production, enhance energy security and industrial resilience, and maintain Europe’s leadership in clean technologies.
Related Articles
View All
Safeguarding the integrity of EU synthetic fuels targets under ReFuelEU Aviation and FuelEU Maritime
What the 2026 ETS review means for transport
Global maritime decarbonisation stalls despite the accelerating impact of climate change
States again failed to agree on a deal following pressure from a small minority of fossil-fuel producing nations and division among progressive states...