Thursday, 30 February 2025
CEGH Enables Trading of Green Hydrogen on the CEGH GreenGas Platform!
- CEGH is offering the first trading platform for green hydrogen.
- Enables the trading of green hydrogen in all European Union countries and Switzerland, Norway, Turkey, Ukraine, and United Kingdom.
- Introduces new features for green hydrogen offers based on customer feedback.
Central European Gas Hub (CEGH) located in Vienna (Austria) enables the trading of green hydrogen on its CEGH GreenGas Platform. The platform allows the buying and selling of green hydrogen across EU and the neighboring states – Switzerland, Norway, Turkey, United Kingdom and Ukraine.
This allows for the first time the trading of green hydrogen on a platform basis. Currently, the green gas platform already has 66 members from EU and Ukraine.
Green Hydrogen can be offered as a bundled product – certificate or guarantees of origin – or separately, such as offering certificates or guarantees of origin registered in a national registry.
Buyers or sellers of green hydrogen can post offers describing the characteristics of the products such as quality, quantity, price, and delivery. Additionally, buyers and sellers can negotiate the offers using the platform’s chat function. The transaction is concluded outside of the platform based on the bilaterally agreed conditions.
Erich Holzer, Chairman of the Supervisory Board of Central European Gas Hub (CEGH) and Senior Vice President Value Center Gas, OMV: “With the trading of Green Hydrogen, CEGH positions itself again as the Trading Place of the Future. Green Hydrogen will be an important pillar for decarbonizing the energy supply for the industry. CEGH is pioneering the Hydrogen Market.”
Gottfried Steiner, CEO of Central European Gas Hub (CEGH): “We are very proud of offering the first trading platform for green hydrogen. Thank you to our customers and supporters for helping us to set up the extension of the CEGH GreenGas Platform to green hydrogen. We will continue our strategy to support the decarbonization of the energy industry by innovating gas trading.”
The CEGH GreenGas Platform is set up in two languages, German and English, and is free of
charge. It can be accessed under the following link: http://www.cegh.at/greengas/.
CEGH GreenGas Platform:
If you are interested in what we created to support the change in the energy system and how you can benefit from it, have a look on our website www.cegh.at/en/greengas or directly on the CEGH GreenGas Platform.
CEGH GreenHydrogen Index:
If you are interested in the different kinds of green hydrogen and further details about the CEGH GreenHydrogen Index, have a look on our website CEGH GreenHydrogen Index Specifications or directly on the CEGH GreenHydrogen Index website to see past and current values.
