BETA

12 Amendments of Nils TORVALDS related to 2023/2123(INI)

Amendment 6 #
Draft opinion
Recital B a (new)
Ba. whereas hydrogen based and hydrogen-derived synthetic fuels offer great potential to reduce climate emissions and enable the progress of the green transition; whereas the EU is now aiming for a 70 percent share by 2050 for various green aviation fuels, including synthetic fuels.
2023/10/13
Committee: BUDG
Amendment 7 #
Draft opinion
Recital B b (new)
Bb. whereas creating functioning hydrogen markets actions addressing both supply and demand is required.
2023/10/13
Committee: BUDG
Amendment 8 #
Draft opinion
Recital B c (new)
Bc. whereas the member states have the possibility to use their national revenues from the emissions trading system and other sources to launch national, competitive auctions for renewable hydrogen production.
2023/10/13
Committee: BUDG
Amendment 9 #
Draft opinion
Recital B d (new)
Bd. Whereas other financial instruments alongside auctions which contribute to supporting the European hydrogen market are needed to promote especially small-scale breakthrough projects based on the use of green, renewable and emission-free hydrogen.
2023/10/13
Committee: BUDG
Amendment 39 #
Draft opinion
Paragraph 5 a (new)
5a. Calls for highlighting excellence in auctions and considering only the non- subsidized price; calls for ensuring that the competitiveness of technologies is evaluated without external financial support.
2023/10/13
Committee: BUDG
Amendment 40 #
Draft opinion
Paragraph 5 b (new)
5b. Acknowledges that in the current market situation, there should be flexibility in the application of the restrictions of different financing systems, for instance IPCEI funded projects, in order to make the first wave of hydrogen projects economically viable worldwide.
2023/10/13
Committee: BUDG
Amendment 41 #
Draft opinion
Paragraph 5 c (new)
5c. Highlights that hydrogen production requires significant amounts of water in the process; recalls that there exists a shortage of clean water in many areas; points out that when evaluating the suitability of high-end projects for auction, projects that pose even the slightest risk to the availability and purity of water should be excluded from the auction
2023/10/13
Committee: BUDG
Amendment 42 #
Draft opinion
Paragraph 5 d (new)
5d. Highlights that state aid maximums given as state aid or as support through EU financial instruments must be comparable and the basis shall be transparent; calls for common practices for supporting projects to be emphasized in the hydrogen policy; stresses that projects of the same type must be treated in the same way, regardless of the member country.
2023/10/13
Committee: BUDG
Amendment 43 #
Draft opinion
Paragraph 5 e (new)
5e. Notes that the Commission estimates the necessary market premium to be up to €5 per kilogram of hydrogen produced; stresses that quick and effective actions are needed to create functioning, competitive markets to drive down such high premium level.
2023/10/13
Committee: BUDG
Amendment 44 #
Draft opinion
Paragraph 5 f (new)
5f. Highlights that the production of renewable energy increases volatility in the electiricty markets; stresses that active measures are needed in the EU area in the electricity storage and demand; considers that hydrogen produced by nuclear power brings predictability and stability to the market;
2023/10/13
Committee: BUDG
Amendment 45 #
Draft opinion
Paragraph 5 g (new)
5g. Highlights the need to create a stable and less fluctuating price path for renewable hydrogen; considers that stability gives confidence to potential investors and stakeholders and encourages them to commit resources and funds to hydrogen-related projects.
2023/10/13
Committee: BUDG
Amendment 46 #
Draft opinion
Paragraph 5 h (new)
5h. Emphasizes that the auctions should increase competition in the internal market by supporting emerging companies like startups and SMEs to enter the market and in doing so also supporting the regionally balanced development of the European hydrogen market.
2023/10/13
Committee: BUDG