EU Invites Offtakers for Hydrogen Supply Following 260 Project Responses
The European Commission has launched the offtaker phase of its Hydrogen Mechanism after receiving over 260 project responses, inviting companies to express interest in purchasing green hydrogen until March 20, 2026. This initiative aims to align supply and demand for raw materials, enhancing the energy system's cleanliness, security, and affordability, despite current limitations in demand due to high production costs. Energy Commissioner Dan Jørgensen highlighted the initiative's potential to provide essential demand signals for future planning and investment.
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The European Commission has initiated the offtaker phase of its Hydrogen Mechanism after receiving supply offers from over 260 projects. This phase invites domestic and international companies to express interest in purchasing green hydrogen and will remain open until 20 March 2026.
The Hydrogen Mechanism, part of the EU Energy and Raw Materials Platform, aims to align supply and demand for raw materials, including natural gas and biomethane. Energy Commissioner Dan Jørgensen noted the initiative's promising start, emphasizing its role in enhancing the energy system's cleanliness, security, and affordability. Although demand for green hydrogen remains limited due to high production costs compared to fossil fuels, the mechanism aims to provide demand signals to aid planning and investment decisions.
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