Related Articles
Trading infrastructure already exists for GOOs
Forward article link
Share PDF with colleagues

GOO trade can underpin hydrogen markets

Development of liquid market for guarantee-of-origin certificates seen as key stepping stone for emerging hydrogen sector

Trading in guarantee-of-origin (GOO) certificates can play a key role in developing global markets for hydrogen and low-carbon gaseous fuels including biomethane, according to speakers on a gas industry panel yesterday. The use of GOO certificates, which are already widely traded in electricity markets, can help to bring standardisation and liquidity to hydrogen markets, enabling industries to internalise the external cost of climate change. The certificates provide evidence to consumers that energy has been generated sustainably. Some 735.1TWh of renewable GOOs were cancelled in 2020, according to the Association of Issuing Bodies. “It’s about combining future schemes to provide



{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Iberdrola’s Avangrid sets sights on US green hydrogen push
30 July 2021
US unit proposes multiple green hydrogen projects as it looks to leverage its portfolio of wind and solar generation
EIB signs deal with Hydrogen Europe
29 July 2021
Bank will provide financial advisory support and financing products for nascent green hydrogen projects
World’s first tidal hydrogen project underway
29 July 2021
Floating turbine will generate electricity from tidal movements and power onshore electrolyser
Sign Up For Our Newsletter
Project Data
PE Store
Social Links
Social Feeds
Featured Video