Consultation on the Hydrogen and Gas Markets Decarbonisation Package

Europex fully supports this review of the legislative framework to design competitive decarbonised gas markets and ensure that gas markets contribute to the decarbonisation of the energy system. Traded markets for hydrogen and other decarbonised gases, supported by certificates and/or Guarantees of Origin (GOs) which allow the green value of the gas to be traded independently of the commodity, have the potential to play a key role in the decarbonisation of the EU energy system, in line with the Green Deal Strategy, and provide market-based income sources for decarbonised gases.

Although traded markets for renewable and low carbon methane and hydrogen are not yet mature, the regulatory framework will determine the speed of market development. Clear regulatory principles established in key areas (including network access, unbundling rules and cross-border interoperability) will help to support the uptake of decarbonised gases and the emergence of liquid and competitive markets.

Please find below our full response to the consultation questionnaire along with an accompanying note expanding on two key aspects.

Europex – Association of European Energy Exchanges

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