Eurogas’ Post

𝐌𝐢𝐥𝐞𝐬𝐭𝐨𝐧𝐞 𝐀𝐜𝐡𝐢𝐞𝐯𝐞𝐝: 𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐂𝐨𝐮𝐧𝐜𝐢𝐥 𝐬𝐢𝐠𝐧𝐬 𝐨𝐟𝐟 𝐨𝐧 𝐆𝐚𝐬 𝐚𝐧𝐝 𝐇𝐲𝐝𝐫𝐨𝐠𝐞𝐧 𝐦𝐚𝐫𝐤𝐞𝐭 𝐩𝐚𝐜𝐤𝐚𝐠𝐞 Today, the European Council has adopted a regulation and a directive that establish common internal market rules for renewable and natural gases and hydrogen, while reforming the existing EU gas legislation. 🔋 𝐖𝐡𝐚𝐭'𝐬 𝐍𝐞𝐰? The new rules are designed to facilitate the transition to renewable and low-carbon gases, particularly 𝐡𝐲𝐝𝐫𝐨𝐠𝐞𝐧, as we strive to meet the EU’s decarbonisation targets. 🔧 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬: - 𝐆𝐚𝐬 𝐚𝐧𝐝 𝐇𝐲𝐝𝐫𝐨𝐠𝐞𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐬𝐢𝐠𝐧: The gas package introduces solid rules for the natural gas market and a robust framework for the future hydrogen market, including infrastructure for transport, supply, and storage. - 𝐈𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐞𝐝 𝐍𝐞𝐭𝐰𝐨𝐫𝐤 𝐏𝐥𝐚𝐧𝐧𝐢𝐧𝐠: Emphasizing the principle of 'energy efficiency first,' the new rules mandate integrated and transparent network planning across the EU, with 𝐚 𝟏𝟎-𝐲𝐞𝐚𝐫 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐩𝐥𝐚𝐧 for gas and hydrogen networks. - 𝐃𝐞𝐦𝐚𝐧𝐝 𝐀𝐠𝐠𝐫𝐞𝐠𝐚𝐭𝐢𝐨𝐧 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦: The texts also pave the way for a permanent demand aggregation platform. ♻️ 𝐒𝐰𝐢𝐭𝐜𝐡𝐢𝐧𝐠 𝐭𝐨 𝐑𝐞𝐧𝐞𝐰𝐚𝐛𝐥𝐞 𝐆𝐚𝐬: - Fossil Fuel Phase-Out: Long-term contracts for fossil gas will cease by 2049, promoting the use of renewable and low-carbon gases, especially hydrogen, in coal and carbon-intensive regions. - Incentives and Tariff Discounts: Member states will offer incentives and tariff discounts to support market integration and ensure a just transition. 🏡 𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫 𝐏𝐫𝐨𝐭𝐞𝐜𝐭𝐢𝐨𝐧: - Energy Poverty: Vulnerable customers and those affected by energy poverty will receive better protection, with measures to prevent disconnections and ensure continuity of supply, especially in remote areas. 🔜 𝐍𝐞𝐱𝐭 𝐒𝐭𝐞𝐩𝐬: - The regulation will be directly applicable six months after publication in the Official Journal of the European Union. - Member states have 𝐭𝐰𝐨 𝐲𝐞𝐚𝐫𝐬 to adapt their national legislation to the directive. #Sustainability #RenewableEnergy #HydrogenEconomy #EnergyTransition #EU #Decarbonisation #fit55 #hydrogen

The EU has taken a decisive step towards decarbonizing the gas market and developing a hydrogen economy. The newly established regulations aim to bring hydrogen to the same level as other energy commodities. This includes setting up an independent hydrogen network operator, facilitating transportation using both existing natural gas and dedicated hydrogen networks, and granting consumers the right to select the best commercial partners. These provisions will allow consumers to switch suppliers more easily and choose renewable and low carbon gases over fossil fuels. The regulations also include setting GHG reduction equivalences and a clear rolling out plan and schedule. #decarbonization #hydrogeneconomy #energycommodities

💡 The UK government is set to launch production projects that will invest around £400 million in #hydrogen.   📣 Over the next 3 years, the United Kingdom intends to create 700 jobs and kick-start 11 projects in the production of green hydrogen, a renewable gas that will greatly help reach climate goals. Similar commitment is needed throughout Europe to scale up gaseous alternatives for #decarbonising the industry.   📰 Read more about the UK’s plan here: https://lnkd.in/dtQc_c35

The necessity of regional supply chain development in the pursuit of climate goals was underscored during the 2020 supply chain crisis. 🔋 The Inflation Reduction Act (IRA) in the US and the Green Deal Industrial Plan (GDIP) in Europe take different approaches to incentivising regional battery manufacturing. How are these frameworks different and what do they mean in practice? ➡️ Find out in my recent Renewable Energy World article: https://lnkd.in/deqyt4YZ #EnergyStorage #Decarbonisation

Are you aware of the Australian company that is making waves in the #greenhydrogen industry? They are currently developing vessels and floating bulk-scale storage solutions designed to hold compressed green #hydrogen, which is a major step towards a complete green hydrogen #supplychain. Their innovative and unique design is pushing the boundaries of what's possible and is helping to create a more #sustainable future for us all. #Australia is expected to be the largest net exporter of hydrogen by 2050, according to a recent study by the International Energy Agency’s 2022 World Energy Outlook - https://bit.ly/448Q393. Read more at: https://bit.ly/4aAk58d  #ClimateAction #HydrogenFuture #ZeroEmissions #EnergyTransition #EnergyStorage #RenewableEnergy

Check out this article from my peer Rauni Jaskari- Director of Supply Management in Wartsila Energy Storage Business. We are working towards developing regional supply chain as part of our commitment to increase our positive environmental and social impact! #sustainability #ESG #socialaccountability #regionalization #decarbonization

The 🇪🇺 EU #hydrogen targets are unfeasible, the European Court of Auditors (ECA) said in its report about the status of the #EU Hydrogen strategy. This is a very sober assessment of a pivotal decarbonisation strategy of the Green Deal, whose future is today at stake. In a complex and detailed 108-page long report, the #ECA says that the 🇪🇺 EU Commission's plan to deliver hydrogen to the hard-to-abate industries in the EU and fuel the continental energy transition is not realistic. Read why : https://lnkd.in/e3DJBje6 Published by Francesco Sassi using EklipX Research #energytransition #energy #trading

📣 Eurogas supports the delivery of the Gas Directive and recommends guiding principles for the certification of low-carbon fuels in a new position paper.   🌱 Low-carbon #hydrogen and its derivatives are those that are produced from non-renewable energy sources and which deliver 70% GHG emissions reduction compared to fossil reference. Low-carbon fuels will play a big part in getting us to our climate objectives and deploying a hydrogen economy.   💡It is important that we support the ramp-up of #lowcarbon fuels’ production and implementation so that they can help us reduce GHG emissions in pursuit of these goals.   ➡ Read the full document to see Eurogas’ recommendations for the upcoming Gas Directive’ Delegated Act on the certification of low carbon: https://lnkd.in/eaheCihJ #lowcarbonhydrogen

Net Zero Technology Centre's latest report that illustrates how a new #pipeline will accelerate Scotland’s green hydrogen export potential. The report examines the repurposing of existing oil and gas infrastructure versus a new purpose-built pipeline. Delivering the #Hydrogen Backbone Link could create 700 new jobs initially and enable 300,000 green economy jobs by 2045. The new pipeline could enable Scotland to meet up to 10% of Europe’s projected hydrogen import demand by the mid 2030s. #HydrogenBackboneLink #H2

Paul Everingham, Chief Executive, Asia Natural Gas & Energy Association (ANGEA) said, "There will not be an orderly transition in Asia without natural gas and carbon capture. The big challenge, especially for heavy emitting North Asian heavy countries, is storage. That’s a significant issue, but even if there was storage somewhere else, you have to be able to transport that CO2 beyond borders, and currently that’s not permitted by the London protocols." "We are going to invest significant funds in doing a detailed study on a framework for the Asia pacific that looks at carbon capture, carbon storage, carbon transport, and carbon pricing. Using that, we can give certainty to financiers and engineers to implement the scheme." #Gastech #LNG #Hydrogen #Climatetech