For this reason, the EU intends to facilitate market development in advance of 2030, including by developing a mechanism dedicated to the hydrogen market. This mechanism will rely on an IT Platform, which is currently in development, following a call for tender to select a service provider to design and develop such a platform, which closed on 12 August 2024.
Connecting buyers and suppliers – well before 2030
The hydrogen mechanism will help scale-up EU hydrogen production by increasing supply and demand transparency and helping buyers and suppliers connect. It will operate under the European Hydrogen Bank.
