Europe, partners set to beat 2030 green hydrogen capacity target, says EU's Timmermans

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Vice President of the European Commission Frans Timmermans delivers a speech on the outcome of the COP26 summit in Glasgow, at the European Parliament in Strasbourg, France, November 24, 2021. Julien Warnand/Pool via REUTERS

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MADRID, Nov 29 (Reuters) - The European Union and collaborating countries are likely to surpass a current target to install a combined 80 gigawatts (GW) of renewable hydrogen electrolysers by 2030, EU climate policy chief Frans Timmermans said on Monday.

He referred to a previous target for installing electrolysers that pass renewable electricity through water to extract hydrogen for use as a fuel, without creating planet-warming emissions.

"That's our aim: 40 GW of renewable electrolysers in Europe and 40 GW in Europe's neighbourhood with export to the EU. I think it's realistic to say we will probably outperform that by 2030," he told an event in Brussels.

Timmermans did not specify which non-EU countries would host the electrolysers, but separately referred to possible partnerships with Africa and Latin America.

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Reporting by Isla Binnie; Editing by Edmund Blair

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