Trading greenhouse gas reductions (GHG reductions) is complex. Regulatory requirements, time-consuming verification procedures and volatile market mechanisms make the process resource- and time-intensive. In addition, access to the market is often restricted by minimum thresholds for GHG reductions that are difficult to reach.
H2 Mobility, which originated from a project company formed by Air Liquide, Daimler, OMV, Linde, Shell and TotalEnergies and is now Europe’s largest operator of hydrogen refueling stations, is now offering a greenhouse gas quota service (GHG quota service) for operators of hydrogen refueling stations. The company handles the marketing of the avoided emissions, ensures legally compliant verification and strategically bundles smaller volumes. The aim is to enable access to quota trading even for operators with low reduction volumes or limited market expertise.
“With our GHG quota service, we provide real relief for hydrogen refueling station operators – as a reliable partner, we take care of market access, verification and sales,” says Martin Jüngel, Managing Director and CFO of H2 Mobility. According to the company, the service is designed to generate maximum revenues with minimal effort.
Pooling and strategic sales
The GHG quota trading system is a government instrument to promote sustainable mobility. It obliges mineral oil companies to gradually reduce their CO2 emissions or purchase corresponding certificates. Operators of hydrogen refueling stations can sell their avoided emissions as certificates. H2 Mobility pools the reductions from multiple operators and selects a strategic point in time for the sale in order to achieve better prices. The offering also includes regular price updates and a modular service structure.
With this new business segment, H2 Mobility aims to further strengthen its position as the largest operator of hydrogen refueling stations in Europe. According to the company, its goal is to offer services along the entire value chain for a sustainable hydrogen economy.
