EEX Group - Committed to a decarbonized future
Our expertise in the service of a decarbonized future
Transparent trading markets are key instruments for a successful upscale of a hydrogen economy: They allow for non-discriminatory access to hydrogen to a diverse field of hydrogen consumers while connecting them to producers. They also allow for providing transparent price and trading volume information.
In parallel to commodity trading, certifying the origin of hydrogen through hydrogen GOs will develop. With Grexel, EEX Group has been supporting the creation of the first ever unified European market for hydrogen through Guarantees of Origin: CertifHy.
EEX has provided transparent exchange markets for energy carriers as power and natural gas, guarantees of origin, emission allowances under the European Emission Trading System (ETS) and further commodities for more than twenty years now. Building upon this rich experience, EEX is committed to support the upscale of a European hydrogen economy. With the first transparent markets for hydrogen worldwide, the EU has the potential to become the global hub for hydrogen.
The journey starts now.
The EEX Hydrogen Working Group
Building a transparent, secured and sustainable hydrogen market together
EEX has developed a solid experience in establishing energy trading markets over the past 20 years. Also, EEX kicked off in 2020 its first-ever Hydrogen Working Group. The objective? Reflect on designing a sustainable wholesale trading market for hydrogen, together with all market players.
Around 55 companies showed their full support for quick and efficient actions and will further be members to the working group. First aim of the group is to help the market with transparency.
Paving the way for a hydrogen trading market
On 10th November 2020, EEX gathered more than 120 participants from 12 countries to its first EEX Hydrogen Working Group meeting.
Many of the attendees declared seeing trading markets as supportive for ramping up hydrogen markets. Most of them also showed their support for quick and efficient actions, especially for transparency: for instance, more than 90% of the participants are in favour of a Hydrogen index.
After the success of its kick-off last year, the EEX Hydrogen Working Group met again for a meeting on 23th March 2021. More than 60 participants joined EEX experts to discuss key topics such as transparency, Hydrogen indices and benchmarks. During the workshop, very good inputs were raised and the necessity of a trustful index seemed to be shared widely.
- Alcazar Investment Management Limited, UK
- Axpo Italia, Italy
- Axpo Solutions, Switzerland
- eins energie in sachsen GmbH & Co. KG, Germany
- E-Control, Austria, Germany
- EnBW Energie Baden-Württemberg AG, Germany
- Eni Trading & Shipping S.p.A., Italy
- E.ON Energy Markets GmbH, Germany
- Gen2 Energy AS, Norway
- Stadtwerke Leipzig GmbH, Germany
- Uniper Global Commodities SE, Germany
Would you like to join or just learn more about the EEX Hydrogen Working Group? Please contact: Sirko.firstname.lastname@example.org
Guarantee the Origin of Hydrogen
Operating the first EU-wide Guarantees of Origin market for Hydrogen
A Guarantee of Origin is an electronic document that guarantees and provides information to final consumers on the origin of a product. As such, the GO market has seen a tremendous growth over the last years with the development of power renewable offers. GOs are then a powerful tool to establish a truly European hydrogen market that enables full transparency and traceability: they are relevant to track hydrogen in all cases. It enables the consumer to know from where and using which technology the hydrogen is being produced.
Through EEX and Grexel, EEX Group has become a key player in the Guarantees of Origin sector, servicing registries in 14 European countries. The group today offers power and biogas GO-registry services in 14 European countries, representing more than half of the GOs circulating in Europe. Also, the group offers GO-auctions on behalf of the French State and plans to establish trading markets for GOs on green power.
If you are interested in knowing more in EEX’s position and action towards Hydrogen, please consult the documentation below:
- Comments on German H2 network regulation (German only): Response to a survey by Monopolkommission on the level of competition within the German energy sector
- Comments on Italian Hydrogen Strategy
- Response to a consultation by Bundesnetzagentur on the regulation of H2 grids
- Response to EU Hydrogen strategy roadmap
- Article – Hydrogen – [German only] by Miriam Brandes in the e|m|w – magazine for energy, market, competition, edition 4|21