Feb 27, 2023 2 min read

Definition of Green Hydrogen by European Commission

At Hydrogen Newsletter, we are committed to providing the latest information on green hydrogen to our readers. We understand the importance of investment certainty in the green hydrogen industry, and we are pleased to announce that the European Commission has finally published a definition for green hydrogen. In this article, we will explore the implications of this definition and how it will provide the certainty required for investment to begin.

What is Green Hydrogen?

Green hydrogen is a term used to describe hydrogen that is produced using renewable energy sources, such as solar, wind, or hydroelectric power. This method of production does not produce greenhouse gas emissions, making it a critical component of efforts to combat climate change. The use of green hydrogen is gaining traction in various industries, including transportation, energy, and chemical manufacturing.

The Definition of Green Hydrogen by European Commision

The European Commission has finally published a definition for green hydrogen, which is a significant step towards providing investment certainty in the industry. The definition outlines the criteria that must be met for hydrogen to be considered green, including the following:

The hydrogen must be produced using renewable energy sources
The production process must not emit greenhouse gases
The production process must be verifiable and certified by a third party

This definition will provide a clear framework for companies and investors looking to participate in the green hydrogen industry. It will also ensure that green hydrogen is produced to the highest standards, which will be critical in building consumer trust in the product.

Investment in Green Hydrogen

With the publication of this definition, we expect to see increased investment in the green hydrogen industry. Companies will have a clear understanding of what constitutes green hydrogen, which will help to reduce uncertainty and encourage investment. This increased investment will, in turn, help to drive down the cost of production, making green hydrogen more competitive with traditional fossil fuels.

The Role of Government

While the publication of the definition is a significant step forward, there is still a role for governments to play in supporting the growth of the green hydrogen industry. Governments can provide financial incentives for companies to invest in green hydrogen, as well as regulatory frameworks that encourage the development of the industry.

Conclusion

The publication of the definition for green hydrogen by the European Commission is a significant step towards providing investment certainty in the industry. The definition outlines the criteria that must be met for hydrogen to be considered green, which will provide a clear framework for companies and investors looking to participate in the industry. We expect to see increased investment in the green hydrogen industry, which will help to drive down the cost of production and make green hydrogen more competitive with traditional fossil fuels. Governments also have a role to play in supporting the growth of the industry, through financial incentives and regulatory frameworks. At Hydrogen Newsletter, we will continue to monitor developments in the green hydrogen industry and provide our readers with the latest information.

Read the PR by European Commission: https://ec.europa.eu/commission/presscorner/detail/en/IP_23_594