BNEF Summit highlights sluggish trading of low-carbon hydrogen, derivatives
- Admin
- Jun 6, 2024
- 1 min read
Low demand is hindering the development of hydrogen in Europe, impacting the achievement of non-binding 2030 hydrogen targets. Market segmentation for low-carbon hydrogen products is crucial. Various opinions exist regarding the preference for green or blue hydrogen. Legislation, including the Carbon Border Adjustment Mechanism, plays a significant role. Location with high renewable energy share is essential for hydrogen projects.
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