Hydrogen trade faces certification challenge
Standard definition for green hydrogen crucial to support trading and investment, panellists say
A lack of consistency in the definition of green hydrogen across different countries and regions threatens to hamper the development of global trade and investment in the fuel, according to speakers at this week’s First Element conference. The need for standardised certification of green hydrogen globally is pressing as it will support faster investment in the sector and enable the growth of liquidity in traded markets, helping investors to manage risk, panellists said. “[Certification] is really the biggest challenge we are facing,” says Daniel Wragge, director of political and regulatory affairs at the Germany-based European Energy Exchange. To speed up the process, countries already invol
Also in this section
17 May 2024
Company’s Positive Motion strategy to be at forefront of the EU’s green hydrogen, e-fuel derivatives and biofuels drive to decarbonise and solve energy trilemma
15 May 2024
Huge turnout for Rotterdam trade show masks worrying lack of progress for nascent industry confronting the harsh realities of transition
8 May 2024
Commission modelling of emission reduction pathway implies undershoot of current hydrogen production and imports targets, according to speakers at a recent Hydrogen Europe event
8 May 2024
Hydrogen cars may not have much credibility, but the same could have been said about EVs not too long ago