Brussels, 11 September 2020 | Europex fully supports efforts in this study to identify the appropriate EU regulatory framework for dedicated hydrogen networks and markets. Traded hydrogen markets, supported by certificates for hydrogen (based on GOs), have the potential to play a key role in the decarbonisation of the EU energy system.
The first priority is the development of both supply and demand of hydrogen, enabling access to hydrogen for a wide variety of actors from all sectors. However, while hydrogen markets may well develop on a regional basis, or in clusters, it is important to already put in place a number of EU regulatory building blocks and principles in order to support the development of liquidity in emerging hydrogen markets. In line with the development of the common Internal Energy Market, the objective should be the creation of an open, liquid, transparent and competitive EU hydrogen market with unhindered cross-border trade.