Transatlantic Partnership for Hydrogen: Hydrogen Europe and Canadian Hydrogen Association Join Forces
Key Ideas
- Hydrogen Europe and the Canadian Hydrogen Association have signed a Memorandum of Understanding to accelerate hydrogen deployment and foster trade in clean molecules.
- The agreement aims to strengthen cooperation on regulatory frameworks, exchange best practices, and facilitate industry exchanges between the EU and Canada.
- The partnership seeks to make hydrogen affordable, tradeable, and equitable globally, positioning it as a crucial lever for decarbonization and energy security.
Hydrogen Europe and the Canadian Hydrogen Association have entered into a significant partnership by signing a Memorandum of Understanding to expedite the deployment of hydrogen and promote the trade in clean molecules. The agreement, signed during the EU-Canada Stakeholder Roundtable on Regulatory Cooperation in Hydrogen, involves representatives from the European Commission, the Government of Canada, and industry stakeholders from both regions. The primary objectives of the partnership include enhancing cooperation on regulatory frameworks, exchanging best practices related to research and innovation, skills, financing, and more. This collaboration also aims to facilitate industry-to-industry and public-private exchanges between the EU and Canada, with a focus on strengthening the role of hydrogen in global climate and energy negotiations. The CEOs of both organizations expressed optimism regarding the partnership, highlighting mutual commercial bonds, ambitious climate targets, and the shared goal of making hydrogen cheap, tradeable, and fair worldwide. The agreement is set to boost investments in hydrogen projects, accelerate the development of a robust hydrogen supply chain between Canada and the EU, and promote a global market for hydrogen. The positive sentiment towards hydrogen is reinforced by the emphasis on its role in decarbonization and energy security, positioning it as a key energy lever for global sustainability.
Topics
Projects
Clean Energy
Energy Security
Partnership
Climate Goals
International Cooperation
Regulatory Frameworks
Trade Facilitation
Commercial Deployment
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