EU's Clean Hydrogen Strategy and Compliance Markets for Climate Neutrality

As part of the EU's ambitious climate goals, aiming to become climate-neutral by 2050. They're promoting the use of clean hydrogen produced using renewable energy sources or other low-carbon methods.

Compliance markets refer to systems where companies can trade carbon credits to meet regulatory requirements for reducing greenhouse gas emissions. Clean hydrogen can help companies lower their carbon footprint and comply with these regulations.

Here are some key regulations and initiatives that mandate the use of clean hydrogen and support compliance markets:

โžŠ ๐„๐” ๐‡๐ฒ๐๐ซ๐จ๐ ๐ž๐ง ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ฒ: This strategy, part of the European Green Deal, aims to make hydrogen a key component of the EU's energy system. It includes measures to boost clean hydrogen production and use.

โž‹ ๐‘๐ž๐ง๐ž๐ฐ๐š๐›๐ฅ๐ž ๐„๐ง๐ž๐ซ๐ ๐ฒ ๐ƒ๐ข๐ซ๐ž๐œ๐ญ๐ข๐ฏ๐ž (๐‘๐„๐ƒ ๐ˆ๐ˆ๐ˆ): This directive, adopted in 2023, sets a new binding renewable energy target for the EU at a minimum of 42.5% by 2030. It promotes the use of renewable hydrogen produced through electrolysis powered by renewable energy sources.

โžŒ ๐„๐” ๐„๐ฆ๐ข๐ฌ๐ฌ๐ข๐จ๐ง๐ฌ ๐“๐ซ๐š๐๐ข๐ง๐  ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ (๐„๐” ๐„๐“๐’): This main compliance market system where companies can trade carbon credits, is a cornerstone of the EU's policy to combat climate change and reduce greenhouse gas emissions. It includes provisions for carbon contracts for difference, which can support the production of low-carbon hydrogen.

โž ๐„๐ฎ๐ซ๐จ๐ฉ๐ž๐š๐ง ๐‚๐ฅ๐ž๐š๐ง ๐‡๐ฒ๐๐ซ๐จ๐ ๐ž๐ง ๐€๐ฅ๐ฅ๐ข๐š๐ง๐œ๐ž: This alliance aims to stimulate investments in clean hydrogen projects and build a pipeline of projects across the EU.

โžŽ ๐‘๐ž๐ ๐ฎ๐ฅ๐š๐ญ๐ข๐จ๐ง (๐„๐”) 2023/1804: Repealing the '๐€๐ฅ๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐ฏ๐ž ๐…๐ฎ๐ž๐ฅ๐ฌ ๐ˆ๐ง๐Ÿ๐ซ๐š๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐ž ๐ƒ๐ข๐ซ๐ž๐œ๐ญ๐ข๐ฏ๐ž 2014/94/EU '. It sets new targets and requirements for the deployment of alternative fuels infrastructure across the EU. https://lnkd.in/dGDFThX2

While the EU is on track to meet its 2030 targets, achieving climate neutrality by 2050 will require continued action and investment in clean technologies, including hydrogen. https://lnkd.in/dWvh4rSE

Biyat Energy & Environment Ltd helps industrial facility operators incorporate clean technologies, including hydrogen, through ๐ฌ๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐œ ๐ซ๐จ๐š๐๐ฆ๐š๐ฉ ๐๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ, ๐ญ๐ฎ๐ซ๐ง๐ค๐ž๐ฒ ๐ฉ๐ซ๐จ๐ฃ๐ž๐œ๐ญ ๐ž๐ง๐ ๐ข๐ง๐ž๐ž๐ซ๐ข๐ง๐  ๐š๐ง๐ ๐ฆ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ, ๐œ๐จ๐ฆ๐ฉ๐ฅ๐ข๐š๐ง๐œ๐ž ๐š๐ฌ๐ฌ๐ฎ๐ซ๐š๐ง๐œ๐ž, and ๐ž๐ง๐ž๐ซ๐ ๐ฒ ๐ž๐Ÿ๐Ÿ๐ข๐œ๐ข๐ž๐ง๐œ๐ฒ ๐ข๐ฆ๐ฉ๐ซ๐จ๐ฏ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ, all while ensuring sustainable practices and environmental responsibility.

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Luay Zayed