Hydrogen exchange initiative
H2 Spot Market Simulation (H2SMS)
The project is funded by TKI New-Gas, Gasunie, four Dutch seaport authorities and two provincies. (Intermediate) results are discussed with a selection of market parties and will be used in the next steps of the development of the Hydrogen Exchange.
The HyXchange initiative
energy transition. This gives a hydrogen exchange added value: as a catalyst in the build-upphase of the market, and as a facility for better economic optimisation once the hydrogen market is mature.
HyXchange is supported by Gasunie, Port of Rotterdam, Port of Amsterdam, Groningen Seaports and North Sea Ports.
The HyXchange initative aims to realize a trading platform for hydrogen on the main Dutch hydrogen infrastructure (“the hydrogen backbone”), including the global imports there and the European countries associated with it.
“Every day, we work with partners on developing the Dutch hydrogen supply chain because we have confidence in the opportunities that hydrogen presents, both in terms of climate targets and our economy. Our gas trading site TTF now houses Europe’s largest virtual market for natural gas. A hydrogen exchange could have the same catalytic effect on the market forces driving hydrogen”
“The future Dutch hydrogen economy consists six key components: supply (offshore wind), demand (an industrial cluster), infrastructure (hydrogen backbone), import of hydrogen via Dutch ports, storage (Zuidwending) and a trading facility (HyXchange).”
"In the vicinity of North Sea Ports there is a vast potential for green hydrogen production from offshore wind and a solid industrial base with an large existing and quickly growing demand for green hydrogen and/or ammonia. HyXchange plays an important role to create a hydrogen market platform, including the required certification scheme. This is crucial to develop the hydrogen ecosystem within ports like North Sea Port."
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