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Hydrogen is a promising commodity, a renewable secondary energy source, and feedstock alike, to meet greenhouse gas emissions targets and promote economic decarbonization. A common goal pursued by many countries, the hydrogen economy receives a blending of public and private capital. After European Green Deal, state members created national policies focused on green hydrogen. This paper presents a study of energy transition considering green hydrogen production to identify Portugal's current state and prospects. The analysis uses energy generation data, hydrogen production aspects, CO 2 emissions indicators and based costs. A comprehensive simulation estimates the total production of green hydrogen related to the ratio of renewable generation in two different scenarios. Then a comparison between EGP goals and Portugal's transport and energy generation prospects is made. Portugal has an essential renewable energy matrix that supports green hydrogen production and allows for meeting European green hydrogen 2030–2050 goals. Results suggest that promoting the conversion of buses and trucks into H 2 -based fuel is better for CO 2 reduction. On the other hand, given energy security, thermoelectric plants fueled by H 2 are the best option. The aggressive scenario implies at least 5% more costs than the moderate scenario, considering economic aspects. [ABSTRACT FROM AUTHOR]

The present study is in line with the United Nations Sustainable Development Goals (UN-SDGs) that address pertinent global issues. This study focuses on the need for access to clean and affordable energy consumption, responsible energy consumption, sustainable economic growth, and climate change mitigation. To this end, this paper evaluates the relevance of the renewable energy sector on the environmental Kuznets curve (EKC) framework in Portugal, Italy, Greece, and Spain for the period 1995–2015. As an econometric strategy, we adopt the use of panel data over the highlighted countries. In the first step, we apply the unit root test recommended by Levin, Lin, and Chu in conjunction with ADF-Fisher, and Phillips-Perron for robustness and consistency. We found that the variables used in this study are integrated I (1) in the first difference. In the second step, we apply the Pedroni cointegration test, and Kao Residual cointegration test, and we observe that the variables are cointegrated in the long run. The generalized least squares (GLS), the panel fully modified least squares (FMOLS), ordinary least squares robust (OLS), and panel quantile regression are considered in this research. The econometric results validate the assumption of the environmental Kuznets curve, i.e., and there is a positive correlation between income per capita and a negative effect of squared income per capita on carbon dioxide emissions. In contrast, we observe that renewable energy reduces CO2 emissions. Finally, we also find a direct connection between the urban population and the environmental degradation in the examined blocs. These results show that in Portugal, Italy, Greece, and Spain, more is required to achieve environmental sustainability in the respective countries growth trajectory. Further policy prescriptions are appended in the concluding section of this study. [ABSTRACT FROM AUTHOR]