Because of the Green Deal, more and more customers and governments will be asking for proof of how sustainable their activities are. And the ways in which you have to demonstrate this are increasingly set out in regulations. The European framework is also evolving for hydrogen.
People speak of renewable hydrogen and low-carbon hydrogen. And through the CertifHy project, a framework is emerging for Guarantees of Origin or Go’s for hydrogen. The "green" character of hydrogen obviously depends on the production method and the energy used to produce it.
When subsidies will be awarded by (European) bodies, you will have to prove that the production of hydrogen is sustainable or that there is at least a fundamental reduction of the carbon footprint.
But investors and banks are also increasingly favouring investments in sustainable hydrogen projects and are helped by the EU Taxonomy and Green Bond regulations. These regulations outline a framework for sustainable financing.
Also read our other blog posts on hydrogen: