The European Union with Japan to develop the hydrogen market

The European Union is also working on development of the hydrogen ecosystem as a technology to achieve the goal of climate neutrality by 2050. To get to develop this sector, the EU is making various agreements. Now, the news has arrived of the signing in Tokyo of a memorandum of understanding with Japan, a country that can count on a long experience in the development of technologies related to hydrogen. The goal is to get to intensify their cooperation in this area. In particular, the aim is to stimulate innovation and develop an international hydrogen market.

A common point between the EU and Japan is the goal of climate neutrality by 2050. For both the European Union and Japan, hydrogen can make an important contribution and to the ecological transition and both to energy security. Specifically, work will be done on the production, trade, transport, storage and use of low-emission renewable hydrogen. Cooperation should continue to create a transparent and rules-based global hydrogen market.

Historic day for #EU–#Japan energy partnership: we signed w/ Minister Nishimura a Memorandum of Cooperation on #hydrogento boost innovation & help create a🌍market for this fuel of the future.

🇪🇺 & 🇯🇵 are both trailblazers for H2 technology & together we can move even faster. pic.twitter.com/Fb7hYroS3d

— Kadri Simson (@KadriSimson) December 2, 2022

The memorandum identifies a number of areas where governments, industry, research centers and local authorities from the EU and Japan will be invited to collaborate. For example, we will work on the regulatory environment to define common norms/standards and certifications. Cooperation will concern as well the development of projects also in the context of multilateral cooperation initiatives aimed, among other things, at supporting other countries in the world. The collaboration will also be extended to the skills improvementretraining and vocational training, also through exchanges.

The European Union and Japan have already started a dialogue on energy for some time, in particular on issues such as gas and security, offshore wind power, liquefied natural gas (LNG), the market structure of electricity, energy technologies and nuclear energy.

At the EU-Japan summit in May 2021, an energy alliance had already been signed which saw hydrogen as a crucial sector for future collaboration.