Potentials for transborder green gas and hydrogen certificate markets

This document describes the market situation for renewable gases and hydrogen relative to natural gas with the aim to identify and discuss future potentials for trade-in renewable gas and hydrogen certificates. The regional scope is Europe with a particular focus on the project countries in the 5 SuperP2G countries. The present situation with existing certificate trade within biomethane is described and a comparison made concerning renewable electricity certificate trade developments. Specific emphasis is assigned to cross-border trade and the main drivers that impact it. Existing production and demand for gas and hydrogen and especially variation in production cost and demand-supply imbalances among countries drive the trade in certificates. Therefore this document first highlights the important differences among countries in demand and supply for 4 categories of gas: biogas, biomethane, hydrogen and natural gas.