Consulting Services, Assessment of Emission Rights of Green PtX Products

Project:

In line with the Paris Agreement, which came into force in November 2016 and aims to keep global warming well below 2 degrees and, if possible, limit it to 1.5 degrees, the EU and Germany have set themselves the ambitious climate protection target of achieving climate neutrality by 2050 and 2045 respectively. For effective climate protection, it is also imperative to support the defossilization of partner countries outside the EU. Almost all sectors of industry, energy, thermal energy and transport are affected by the complete transformation to a climate-neutral future. However, some sectors cannot be decarbonized through electrification alone, or can only be decarbonized with difficulty or inefficiency, and will continue to rely on gaseous and liquid energy sources. CO₂-free gaseous and liquid energy carriers such as hydrogen and hydrogen-based derivatives (hereinafter also: Power-to-X (PtX) products), which include ammonia, methane, methanol, and kerosene, among others, consequently play a crucial role in the further development and completion of the German, European, and global energy transition.

Therefore, the aim of the research project is to explore the eventual emission rights of green hydrogen - produced in country A, and exported to country B - with country B paying a premium price for green hydrogen that is higher than the market price of gray hydrogen.

Requested Consulting Services:

The assignment is divided into the following work packages:

1. Work Package 1: Scenarios of offsetting green hydrogen and derivatives regarding associated emission reductions
2. Work Package 2: Examples of emission reduction accounting for green hydrogen and green derivatives (trading in the EU and imports from non-EU countries)
3. Work Package 3: Assessing the impact of a revised ETS and chargeability mechanisms