EU Energy Chief Emphasizes Need for Proper Rules in Cross-Border Hydrogen Trade
Key Ideas
  • EU energy chief Kadri Simson stresses the importance of establishing proper rules for the trade of renewable and low-carbon hydrogen across borders.
  • The European Commission's policy plans aim to meet the growing hydrogen demand by considering imports from outside the EU to achieve climate goals.
  • Legislation is being contemplated to support the development of a hydrogen value chain within the EU, aligning with the bloc's decarbonization objectives.
  • MLex provides in-depth analysis and coverage of regulatory changes impacting businesses globally, helping organizations stay informed and prepared for upcoming shifts.
In a statement, EU energy chief Kadri Simson highlighted the necessity of implementing appropriate regulations for the trade of renewable and low-carbon hydrogen, emphasizing the importance of such rules for both intra- and extra-bloc transactions. The European Commission, in its policy plans, has acknowledged the need for hydrogen imports from regions outside the EU to meet the escalating demand driven by the bloc's ambitious climate objectives. To facilitate this, the Commission is considering the introduction of legislation to bolster the establishment of a hydrogen value chain across EU countries. This move aligns with the overarching goal of decarbonization and promoting sustainable energy sources within the European Union. MLex, a news platform specializing in regulatory affairs, offers insights and analysis on critical issues affecting businesses worldwide. Through its coverage of proposals, investigations, enforcement actions, and legal rulings, MLex equips organizations with the knowledge required to navigate evolving regulatory landscapes. By leveraging expert journalists across different regions, MLex provides predictive analysis to anticipate regulatory changes and their implications for businesses. The platform's comprehensive resources, including newsletters, custom alerts, and curated case files, empower organizations to stay ahead of regulatory shifts and proactively manage risks in their operations.
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