The Council and the Parliament today reached a provisional political agreement on a regulation that establishes common internal market rules for renewable and natural gases and hydrogen.
The purpose of the legislation is to facilitate the penetration of renewable and low-carbon gases into the energy system, in particular hydrogen and biomethane.
This agreement will bring many benefits for consumers and for our planet. It will cut our use of fossil fuels and reduce our dependency on imported fossil fuels.
It will enable a switch to renewable energy and strengthen security of supply. And importantly it will protect consumers.
The regulation is part of the hydrogen and gas markets decarbonisation package, which also includes a directive. Both the regulation and the directive are part of the Fit for 55 package.
They are aimed at creating a regulatory framework for dedicated hydrogen infrastructure and markets and integrated network planning.
They also establish rules for consumer protection and strengthen security of supply. The Council and the Parliament reached a provisional agreement on the directive on 27 November 2023.
See the full press release by the European Council
European Gas Hub is an online platform for sharing analysis and information about European natural gas markets more info
Sign up to receive our weekly newsletter with new European gas market reports, presentations & analysis. Every Tuesday.
By signing up, I agree to our TOS and Privacy Policy.
© 2020 EuropeanGasHub | All Rights Reserved
SIGN UP to receive our weekly newsletter with new European gas market reports, presentations & analysis. EVERY TUESDAY!
