HHTA has proposed the establishment of a V4 Hydrogen Bank

Hungarian Hydrogen Technology Association (HHTA) has proposed the establishment of a V4 hydrogen bank, as reported by the association’s official website. The Polish association has indicated support for the initiative.

The Central European Hydrogen Technology and Decarbonisation Forum was held in Poland on April 24-25 this week. The president of the HHTA István Lepsényi attended the two-day event at the invitation of the Polish Hydrogen Association.

Hungary wants to take the steps necessary for a climate-neutral economy

He held professional meetings and took part in panel discussions. Lepsényi also consulted with Central European hydrogen associations on the steps necessary to realise a modern and climate-neutral economy. 

On the first day, a plenary session was held with the participation of 6 countries, including Hungary. Leaders of European hydrogen associations provided information on implementing their country’s hydrogen strategies.

Hungary believes a V4 hydrogen bank is best suited for Central European countries

The event’s second day saw a panel discussion titled “Regional cooperation and supply chain – factors accelerating the achievement of the 2050 goals”. It was led by the leaders of 5 hydrogen associations – Hungarian, Polish, Slovak, Estonian and Portuguese. Some of the challenges that were discussed: 

  • The acceleration of Central European technological developments and production.
  • The creation of a trade chain that looks after the interests of the Central European region.

Lepsényi indicated that the Hungarian association launched the initiative to solve these problems. The HHTA is creating a V4 technology database for the production of electrolysers. Lepsényi initiated the creation of a specialised V4 hydrogen bank alongside the European Hydrogen Bank. The HHTA believes it is better suited to the possibilities of these countries. 

Tomoho Umeda, the president of the Polish Federation, supported the proposal.

Byline: Reinis Alksnājs