IRENA – Global Trade in Green Hydrogen Derivatives: Trends in Regulation

IRENA, in partnership with the Rocky Mountain Institute, has previously analysed the role of certification schemes and regulatory frameworks in driving global markets for green hydrogen. These markets are expected to emerge due to the competitive advantage in renewable resources, land, and water availability. Certification schemes are important to provide confidence that internationally traded hydrogen meets sustainability requirements. Derivative commodities, such as low-emission ammonia and methanol, are expected to play a significant role in global trade flows associated with hydrogen. Regulatory frameworks are evolving to set requirements for acceptable levels of greenhouse gas emissions. The report highlights the development of regulatory frameworks in various markets, with the EU leading in detailed sustainability requirements for green hydrogen and its derivatives. It also emphasizes the need for policy makers to consider regulations for derivatives to avoid barriers to international market development.