The EU has had mixed success in providing the building blocks for the emerging renewable hydrogen market, according to our new report. While the European Commission has taken a number of positive steps, challenges remain all along the hydrogen value chain, and the EU is unlikely to meet its 2030 targets for the production and import of renewable hydrogen. The auditors call for a reality check to ensure that the EU’s targets are realistic, and that its strategic choices on the way ahead will not impair the competitiveness of key industries or create new dependencies.