The Mission Possible Partnership has set an ambitious target for Europe to receive its inaugural delivery of clean hydrogen from the United States by 2026, signaling a crucial step in transatlantic collaboration to advance sustainable energy solutions. Bringing together chief executives from carbon-intensive industries alongside key stakeholders from across their value chains, the Partnership has initiated the Transatlantic Clean Hydrogen Trade Coalition, with the primary objective of achieving this significant milestone.

Over 20 organizations, including influential entities such as the Port of Rotterdam, OCI, Shell, and Ambient Fuels, have united under the Coalition's banner, aiming to facilitate the exchange of millions of metric tonnes of hydrogen in the future. The EU's strategic goal of importing 10 million metric tonnes of green hydrogen annually from 2030 underscores the critical importance of such collaborative efforts in meeting ambitious decarbonization targets in key industrial and transportation sectors.

Notably, the US Gulf Coast is expected to emerge as a key hub for clean hydrogen exports to Europe, leveraging its robust infrastructure networks, skilled labor force, and strategic geographical advantages. The Mission Possible Partnership emphasizes the significance of such initiatives in supporting the deployment of large-scale clean production processes across various sectors, including fertilizer, steel, and shipping.

The Coalition members are dedicated to collaborating on comprehensive analyses of regulatory frameworks and infrastructure requirements, providing essential data to facilitate seamless transactions between global suppliers and consumers of clean hydrogen. Systemiq and Power 2X will be actively involved in supporting these efforts.

Chad Holliday, co-chair of the Mission Possible Partnership, underscores the pivotal role of international coalitions in surmounting the critical challenges associated with operationalizing net-zero commitments. Government support, including the US Inflation Reduction Act (IRA) offering significant investment tax credits and production tax credits for hydrogen projects with a low lifecycle carbon footprint, has provided a significant boost to green hydrogen production in the United States.

Concurrently, the European Union's Green Deal Industrial Plan, while not outspending the US, will allocate substantial funding for domestic scaling of low-carbon sectors, including wind and solar. The International Energy Agency's projections reveal a rapid surge in electrolyser capacity for green hydrogen production, signaling a global shift towards sustainable energy solutions. As the world transitions to cleaner energy sources, collaborative initiatives like the Transatlantic Clean Hydrogen Trade Coalition are poised to drive substantial progress in achieving ambitious sustainability goals.