How energy traders can benefit from Europe’s emerging hydrogen market
Development of liquid markets will require sufficient marketable hydrogen volumes as well as free access to pipelines, terminals and storages
Demand for hydrogen in Europe is expected to grow significantly until 2050. This providing opportunities for energy traders. Why? Because the hydrogen value chain involves the transformation and processing of tradable commodities; the evolving hydrogen market provides “cross-commodity” trading opportunities. In light of this, trading companies need to act today to build up the know-how and relationships required to quickly enter the market once trading opportunities emerge. Why hydrogen trading will become a necessity Because supply and demand cannot be balanced in most parts of Europe, hydrogen trading is a necessity. In particular, sufficient volumes of green hydrogen can only be supplied
Also in this section
27 November 2024
The clean hydrogen sector has endured a difficult year, but it will end 2024 better equipped to fulfil its long-term potential
27 November 2024
The agreement by the parties to raise at least $300b/yr for developing countries by 2035 was derided as a betrayal by the Global South, but the UN urged pragmatism
26 November 2024
Green hydrogen presents unique costs challenges as government looks to replicate country’s long-standing success as an exporter of iron ore and other natural resources
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE