Recording of Friday, June 21, 2024 | The smarter E Europe | Exhibition Program | Language: English | Duration: 15:43 .
David, a co-founder of GT Emission Solutions and head of its hydrogen unit, discusses the potential of greenhouse gas (GHG) reduction quota trading in making green hydrogen and RFNBOs more competitive, particularly in the transport sector. Started in 2019, Green Trex has been involved in GHG quota trading by collecting emission savings from different sources like electricity and certifying them with German environmental authorities to trade on the market. This system runs parallel to the EU's Emission Trading Scheme (ETS). Currently, GHG quotas are valued at approximately €100 per ton on average but have a theoretical limit of €600 per ton based on supply-demand dynamics. Hydrogen refueling station operators benefit directly from these revenues while producers also gain due to reduced costs for certification and sourcing green electricity. The mechanism mandates that fossil fuel marketers compensate about 10% of their emissions through options like biofuels or renewable energy credits verified by environmental authorities. Starting July 1st, RFNBOs can also participate in this scheme further promoting green alternatives which could potentially make niche applications more viable despite current infrastructure limitations.
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David Pflegler
Head of Hydrogen Unit
GT Emission Solutions GmbH
Germany
Industrial/Product Live Pitches: Hydrogen Production Network & Roadmap
Further Talks of this session:
Speaker
Fiona Moore
Manager's Assistant
EFCF (European Electrolyser & Fuel Cell Forum)
Switzerland
Speaker
Prof. Dr.-Ing Belal Dawoud
Faculty of Mechanical Engineering
OTH-Regensburg Technical University of Applied Sciences
Germany
Speaker
Dr. Lydia Vogt
Head of Strategic Development Hydrogen Technologies
German Institute for Standardisation DIN e. V.
Germany