GreenGas Market
CEGH GreenGas Platform for Trading and Marketing of Biogas and Hydrogen
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Central European Gas Hub (CEGH) launched the CEGH GreenGas Platform for marketing of green gases, such as biogas and hydrogen, in Austria.
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With this platform, CEGH is offering the first trading platform for green hydrogen.
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It enables the trading of green hydrogen and biogas in all EU countries and Switzerland, Norway, Turkey, Ukraine and United Kingdom.
Green Gases such as biogas and green hydrogen will make a significant contribution to the decarbonization of the energy system. With Green Gases, the existing gas infrastructure can be used for sustainable energy supply. Around 0.1 TWh of biomethane – processed biogas – are currently being fed into the natural gas network in Austria. By 2030, 5 TWh of Green Gases should be available. For Green Gases to make an effective contribution to decarbonization, a functioning trading place must be established in Austria.
The CEGH GreenGas Platform will be the first platform to support the decarbonization of the gas markets by trading of Green Gases and will be a marketplace for biogas supply and demand as well as for green hydrogen.
The platform enables purchase or sale of biomethane guarantees of origin (GOs) as well as of biomethane with or without GOs.
Green hydrogen can also be offered as a bundled product – certificate or guarantees of origin – or separately, such as offering certificates or guarantees of origin registered in a national registry.
This means that for the first time suppliers and buyers can interact on a common marketplace, which will greatly simplify trade conclusion and processing.
The platform allows the buying and selling of green hydrogen and biogas across EU countries and the neighboring states – Switzerland, Norway, Turkey, United Kingdom and Ukraine.
To achieve the European climate targets, a liquid European exchange for Green Gases is necessary in the long term. CEGH supports its existing cooperation partner EEX, which is the largest European energy exchange, to support the vision of liquid exchange trading of Green Gases and GOs on EEX.
The CEGH GreenGas Platform is set up in two languages, German and English, and is free of charge. It can be accessed here:
