Iberdrola and Sunfire to lead the Renewable Hydrogen Coalition
Brussels / Dresden, September 29, 2021
Renewable hydrogen can become cost-competitive by 2030. To help shape the policies that will be required to achieve this goal, the Renewable Hydrogen Coalition strengthens its leadership by appointing Iberdrola’s CEO, Ignacio Galán, as Chair and Sunfire’s CEO, Nils Aldag, as Vice-Chair.
Renewable hydrogen is the key to a climate-neutral future. In its “Fit for 55” package, the European Commission sets clear targets for the rapid scale-up and use of renewable hydrogen in all sectors that are difficult to electrify. To help shape the EU regulatory framework required to make Europe the global leader in renewable hydrogen solutions, the Renewable Hydrogen Coalition strengthens its leadership by appointing a Chair from the renewables and a Vice-Chair from the electrolysis industry.
In the coming 18 months, Ignacio Galán, Chairman and CEO of the Spanish energy group Iberdrola, will be acting as Chair of the Coalition. Sunfire CEO Nils Aldag will be contributing as Vice-Chair: "The Renewable Hydrogen Coalition plays a central role for our industry. It gives us an important voice and facilitates the dialogue with EU policymakers."
With their combined expertise in the energy and electrolysis industry, the duo aims at working closely with European decision-makers. Both will work hard to ensure that Europe does not lose its leading position in cleantech but seizes its unique opportunity. As CEO of one of the leading electrolysis companies, Nils Aldag will focus on promoting policies that will help the industry to scale and commercialize their technology: "Hydrogen is the key to a climate-neutral future, and electrolysis is the technology that makes this happen. Due to intensive research and development efforts, we are proud that Europe is home to the world’s leading electrolysis suppliers today. Now we must prove that we are not only strong in product development but that we can also rapidly accelerate the commercialization of our technologies."
Aldag derives specific recommendations: "If we want to build a thriving hydrogen economy in Europe, public and private players must work closely together. In addition to a strong regulatory framework, we also need funds that will help to establish strong European value chains."