The EU and Japan have intensified their cooperation on hydrogen with the signature of a Memorandum of Cooperation (MoC) to spur innovation and develop an international hydrogen market.
They will work together for sustainable and affordable production, trade, transport, storage, distribution and use of renewable and low-carbon hydrogen.
The cooperation will help to establish a rules-based and transparent global hydrogen market without distortions to trade and investment. The Memorandum was signed in Tokyo by Commissioner for Energy Kadri Simson and Japanese Minister of Economy, Trade and Industry, Yasutoshi Nishimura.
Both parties have already committed to achieve climate neutrality by 2050 and to accelerate the clean energy transition, as outlined in the EU-Japan Green Alliance.
... to continue reading you must be subscribed