The European Commission plans to develop a benchmark for euro-denominated hydrogen trades by 2021, according to an unofficial draft of its EU hydrogen strategy expected on July 8. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The aim is to reduce European market players’ “foreign exchange risks” for hydrogen imports and exports by developing “a structured international hydrogen market in euros,” according to the draft made available to the Euractiv news agency on June 22. “Hydrogen being a nascent market, the commission will develop a benchmark for euro-denominated transactions in hydrogen, thus contributing to consolidate the role of the euro in trade of sustainable energy,” the draft said. There were no further details given, and the […]