EU launches hydrogen ‘compact’
Partnership between countries, NGOs and businesses aims to accelerate deployment of green hydrogen
The European Commission has announced a hydrogen energy ‘compact’ at the UN High-Level Dialogue on Energy in New York. Compacts are partnerships between countries, NGOs and businesses that include voluntary targets on technology deployment. “We have worked with Denmark, Germany, Irena and other partners on the Green Hydrogen Compact Catalogue. It is designed to give a boost to green hydrogen worldwide,” says European energy commissioner Kadri Simson. The initiative aims to enable policy frameworks, regulation, certification, investments, research and development and public-private partnerships to bring down the costs of green hydrogen. It consists of 29 voluntary commitments from the Europea
Also in this section
3 May 2024
Australia’s Fortescue and France’s EDF Renewables among the successful bidders as second-round auction draws green hydrogen projects worth about $11b
1 May 2024
High costs and uncertainty over offtake agreements are delaying project investment decisions, according to Aurora Energy Research
1 May 2024
Low clearing prices in first European Hydrogen Bank auction reflect fierce competition for green hydrogen subsidies and buyers’ willingness to pay premium
1 May 2024
Japanese company launches test module at Takasago Hydrogen Park with aim to deploy megawatt-scale demonstration project of electrolyser technology