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1、Hydrogen technology development&opportunities in HungaryHydrogen technology development&opportunities in HungarySmall but(still)strong:HydrogenSmall but(still)strong:Hydrogen4th Budapest Hydrogen Summit,15 April 20254th Budapest Hydrogen Summit,15 April 2025Trump and the new WorldRemaining solution
2、for:Resilience Energy independence Innovation advantageTRUMPS ACTIONSParis Climate Agreement2050No CO2emission203055%greenIndustry204090%green Industry2035GreenMobilityMOLUSAUSAEUCHINAWhat has been deleted/cut and what will remain?Policies&Initiatives eliminated or reduced:Withdrawal from Internatio
3、nal Paris Accord Rollbacks on Environmental Regulations(GHG emissions)Cuts to Clean Energy Funding-300 projects under review.Dismantling of Climate-Focused Offices:National Oceanic&Atmospheric Administration(NOAA)Office of Energy Efficiency and Renewable Energy.Promotion of Fossil Fuels(drill baby d
4、rill):National energy emergency:lifting moratoriums onnew LNG terminals,expanding drilling on public lands.Pausing Electric Vehicle Initiatives:Funding for electric vehicle infrastructure has been frozen Promoting electric vehicles have been rescinded.Cheap energy prices Competitiveness challenge to
5、 EU&the WorldDilemmas yes or no:Green targets?Green,efficient,competitiveRegulation and Action Business driven regulation faster,more flexible Technology neutral approach Paying attention to regional circumstances(V4)What does it mean for Hungary?Supplier opportunities Opportunities:Skilled workforc
6、e Lower salaries/wages Good FDI potential New industrial development:battery,H2,solar Energy mix:(a)Renewable(solar)25%,(b)Fossil 29%(c)Low carbon:nuclear 46%,(d)Biomass(4%),Education Developed car&supply industry Limitations:Climatical:limited wind&sun(no sea)Delayed/slowing down implementation of