Denmark, Norway, Sweden and Portugal are “good bets” to emerge as early exporters of renewable hydrogen in a future hydrogen economy, according to new ICIS research.
Of the seven countries that contain bidding zones at or above the 90% share of renewables, ICIS data shows that this quartet are all projected to have hydrogen supply in excess of demand by 2030.
On February 13, the European Commission published its long-awaited final delegated act for the production of renewable fuels of non-biological origin (RFNBO), which by proxy are the rules for producing renewable hydrogen.
The criteria within the delegated act mean that project developers can move forward with their plans to create hydrogen plants in the knowledge that they will be able to produce what will be classed as renewable hydrogen. Further, as the delegated act applies to hydrogen produced in Europe and for imported hydrogen into the EU, it is likely to be one of the most influential policy documents for hydrogen projects globally.
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