The European Union has allocated €992 million to fund 15 renewable hydrogen projects in various European Economic Area countries as part of its clean energy strategy. These projects aim to produce 2.2 million tonnes of green hydrogen over the next decade, significantly reducing CO₂ emissions by over 15 million tonnes. Green hydrogen, produced through electrolysis powered by renewable electricity, is essential for decarbonizing challenging sectors like heavy industry and transport. The EU's financial support helps bridge the cost gap with fossil-based hydrogen, driving the adoption of cleaner technologies. The investments are expected to create up to 1.4 million jobs by 2030 and spur innovation across the supply chain. The EU's strategy also focuses on developing a competitive hydrogen market, with plans to produce 10 million tonnes of renewable hydrogen domestically by 2030. Cross-border collaboration plays a crucial role in balancing hydrogen supply and demand, with projects connecting producers, pipelines, storage, and end-users across borders. The EU's funding structure supports the expansion of electrolyser manufacturing and sets strict timelines for project completion. Public-private partnerships are vital for project success, combining technical expertise, funding, and policy support to accelerate the deployment of green hydrogen technologies. Overall, the EU's efforts aim to enhance energy security, reduce emissions, create jobs, and establish a competitive and unified hydrogen market.