GOO trade can underpin hydrogen markets pemedianetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pemedianetwork.com Daily Mail and Mail on Sunday newspapers.
Courtesy of ECOHZ
Despite alarming predictions, the market demand for renewables has continued to grow at a steady pace during 2020. The impact of lower industrial activity as a result of COVID-19 has been limited, and the European thirst for renewables seems unstoppable. This is reflected directly in the annual market figures of Guarantees of Origin (GO), produced by the Association of Issuing Bodies (AIB).
The overall tendency in the GO market is a robust and growing market demand, coupled with a somewhat stable supply situation. The market demand has grown by an impressive 8 percent from 2019 to 2020. This during a year when energy consumption and industry output has slumped across most of Europe. Annual growth (CAGR) from 2008 to 2020 is a solid 17 percent.
A paradigm shift in the making for renewable energy demand
29 Apr 2021 Renewable energy demand has grown by an impressive 8% from 2019 to 2020, during a year where energy consumption and industry output has slumped across most of Europe,
says Tom Lindberg, Managing Director at ECOHZ – commenting on new statistics from the Association of Issuing Bodies (AIB). Lindberg suggests that a paradigm shift can be in the making, with reductions in the year-over-year surplus of renewable energy a likely reality.
Demand growth continues
Despite alarming predictions, the market demand for renewables has continued to grow at a steady pace during 2020. The impact of lower industrial activity as a result of COVID-19 has been limited, and the European thirst for renewables seems unstoppable. This is reflected directly in the annual market figures of Guarantees of Origin (GO), produced by the Association of Issuing Bodies (AIB).
Grexel to operate first EU-wide Guarantees of Origin market for Green Hydrogen
Submitted
18/12/2020 - 10:15am
Grexel, part of EEX Group, has been appointed by the Fuel Cell and Hydrogen Joint Undertaking (FCH JU) as the operator and issuing body of the first European Guarantees of Origin (GO) market for green hydrogen, in the frame of the third phase of the CertifHy project.
The CertifHy project was initiated upon the request of the European Commission back in 2014. Undertaken by a consortium led by HINICIO and financed by the FCH JU, the CertifHy scheme has been bringing together stakeholders to develop a common European-wide certification scheme for renewable and non-renewable Hydrogen. Grexel will be part of a consortium of six companies (Hinicio, Grexel, Ludwig-Bölkow-Systemtechnik (LBST), TÜV SÜD, the Association of Issuing Bodies (AIB) and Commissariat à l énergie atomique et aux énergies alternatives (CEA)) who have joined together for this third phase of the CertifH