Decarbonising EU’s Gas Market: Hydrogen

The legislative proposal seeks to find a middle ground between guaranteeing competition and encouraging private investment through a hybrid regulatory approach (market and non-market mechanisms). Regulatory principles utilised in gas and electricity markets can not be transposed onto hydrogen markets, and cross-subsidisation is not a viable long-term option. Market volatility means higher or possibly inaccessible costs to consumers. The proposal seeks to address this by adopting an integrated EU-wide approach to storage.

Categories EU - Policies