Netherlands mulls launch of world’s first hydrogen bourse
Chasing its ambition to become northwest Europe’s hydrogen hub, the Netherlands wants to create a trading platform for the fuel
The Netherlands is considering the creation of a commodity exchange for hydrogen that could launch as soon as 2026, an exploratory government-commissioned study revealed at the start of October. The country has grand ambitions to become northwest Europe’s hydrogen hub as its influence as a natural gas powerhouse is waning with the gradual shutdown of the continent’s largest onshore gas field at Groningen. The use of green or blue hydrogen, produced using renewable energy and electrolysis or with carbon abatement respectively, is a viable alternative to fossil fuels and could help cut Dutch carbon emissions. The government has set itself a target of reducing greenhouse gas emissions by 95pc
Also in this section
22 March 2024
German energy firm and Canada-based Pattern Energy aim to ship green ammonia to Hamburg in latest move to secure imports to Europe’s largest economy
22 March 2024
French company prepares for commercial launch of underground storage system to be deployed at green hydrogen production and consumption sites
21 March 2024
Region has competitive edge in low-carbon hydrogen, but infrastructure and export challenges are key roadblocks to overcome
18 March 2024
Major Indian companies are venturing into the sector thanks to government support, but cost and incentive questions persist