EU delays push back global FIDs
Uncertainty over how the largest demand centre for green hydrogen will define and certify the gas could impact export-focused projects
Delays to key EU policies clarifying the definition of ‘green’ hydrogen are preventing European developers from taking FIDs and potentially discouraging firm offtake agreements from international projects, according to speakers at the recent World Hydrogen Congress. As a bloc that has committed to 10mn t/yr of hydrogen imports by 2030, the EU presents a compelling demand centre for export-focused projects in the Middle East and North Africa (Mena) and Asia-Pacific. But delays on the certification of green hydrogen are becoming a barrier to development, according to Abdulrahman Anazi, senior energy specialist at Saudi Arabia’s Ministry of Energy. “Today, there is no certification system in pl
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
15 November 2024
Danish electrolyser firm stays focused on US expansion plans amid policy uncertainty in wake of Republican election victory