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EEX becomes foundation member of H2Global

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The European Energy Exchange (EEX) is participating in the H2Global foundation funded by the Federal Ministry for Economic Affairs and Climate Protection (BMWK).

As more and more well-known companies are positioning themselves behind the plans of the new federal government for a comprehensive green energy turnaround, the global commodities exchange will contribute its expertise to the development of more sustainable markets, by developing a trading market particularly for hydrogen.
 
The H2Global Foundation, which was established to promote the market ramp-up of green hydrogen in Germany and Europe, is getting a prominent addition with the European Energy Exchange (EEX). By joining, EEX is demonstrating its commitment to establishing reliable marketplaces for hydrogen.
  
EEX has been operating transparent marketplaces for energy products such as power and natural gas, Guarantees of Origin, CO2 emission allowances within the framework of the European Emissions Trading Scheme (EU ETS) and other commodities for more than 20 years. Building on its experience, EEX is committed to the ramp-up of a European hydrogen economy and established a working group dedicated to hydrogen at the end of 2020. Together with the participants from various sectors of the economy, the exchange is working on a hydrogen index which is based on price assessments by market participants.

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