During a special session of the World Hydrogen Summit in Rotterdam, one of ECTC's new research reports was presented to Frans Timmermans, executive VP for the European Green Deal at the European Commission. Read more about this presentation here!
Research report
The CommodipHy report by ECTC and TU Delft discusses the geo-strategic importance of green ammonia trade for the supply of hydrogen molecules to Europe. Rotterdam and the wider ARA (Amsterdam-Rotterdam- Antwerp) ports region, together with its industrial hinterland in Rhein- Ruhr, has the potential to develop into Europe's leading spot market and pricing centre as the region offers liquidity and, most importantly, optionality for transformations of ammonia in time (storage), space (shipping/transportation) and form (conversion/cracking into pure H2).
The move towards spot trading in addition to long-term offtake agreements might happen sooner rather than later and with it also the need for price benchmarks that support the global trade in financialized instruments that can mitigate price risks.
Time for action
The ECTC and the Commodiphy team are ready to push this further with the support of our industry partners, key stakeholders, and our knowledge partners across the Atlantic. As the Industry Roundtable organized by Platform Zero earlier this week made clear: it's time for action, a secure supply of molecules, and real green deals, so that we can learn by doing in terms of certification, contracting, financing, trading, and operations.
Curious to know more about CommodipHy? Read the full report here.