Accelerating the Demand for and International Trade in Low-Carbon Hydrogen
20 March 2023
Accelerating the Demand for and International Trade in Low-Carbon Hydrogen In this document, low-carbon hydrogen refers to both the renewable hydrogen produced from the electrolysis of water with electricity coming from renewable sources and the hydrogen derived from a production process in which carbon dioxide (CO2) emissions are captured. [...] The development of global standards models, and a reduction in the cost of the hydrogen and certification goes hand in hand. [...] methodology for calculating greenhouse gas emissions for hydrogen production and transport is The workshop highlighted three main points for an important and necessary first step for quantifying accelerating the development of a low-carbon the carbon content of the hydrogen produced hydrogen market. [...] generation companies to decarbonize coal- and Accelerating the Demand for and International Trade in Low-Carbon Hydrogen 6 Pricing and Business Model The deployment of low-carbon hydrogen costs, the capex forbearance price would need to infrastructure is likely to face a number of be set and reviewed periodically to avoid windfall market barriers, including the high cost of profits from changing c. [...] regulatory framework of a national market and show compliance with the eligibility requirements for these 1 In the book and claim model, the physical delivery of the energy carrier and the issuance of the certificate can be traded apart from one another.