Strasbourg, 14 September 2022
On the 14th of September, EU Commission President Ursula Von der Leyen held her yearly State of the Union Address in which she outlined the main initiatives the Commission is planning for the coming year.
Many announcements related to the ongoing war in Ukraine, such as the entry of Ukraine into the European free roaming area as well as the rebuilding of damaged Ukrainian schools were mentioned by President Von der Leyen. The EU Commission President stated that Ukraine had already been successfully connected to our electricity grid.
Moreover, President Von der Leyen informed Parliament about the setting up of a new European Hydrogen Bank which would help guarantee the purchase of hydrogen, notably by using resources from the Innovation Fund. The bank will be able to invest 3 billion euros to help building the future market for hydrogen.
Other announcements of President Von der Leyen related to the European Year of Skills taking place in 2023, as well as the European Critical Raw Materials Act, which should reduce the EU’s dependency when it comes to the supply of lithium and rare earths.