Hy Stor Energy commits to global green hydrogen standard
Hy Stor Energy will also establish the first North American chapter for the Youth for Green Hydrogen.
Hy Stor Energy LP (Hy Stor Energy) has partnered with the Green Hydrogen Organisation (GH2) to become the first pledge member in North America to advocate for the GH2 Green Hydrogen Standard across the continent and worldwide.
By committing to this standard, which is the first of its kind globally, Hy Stor Energy will produce hydrogen with 100% or near 100% renewable energy with close to zero greenhouse gas emissions for its highly anticipated Mississippi Clean Hydrogen Hub and all future projects.
The goal of establishing a standard for green hydrogen production is to help rapidly decarbonize hard-to-abate sectors such as steel, cement, maritime shipping, and aviation to meet urgent net zero and decarbonization goals.
Green hydrogen projects that meet the GH2 Standard will be licensed to use the label “GH2 Green Hydrogen” and will be eligible to obtain and trade GH2 certificates of origin for green hydrogen and derivatives such as green ammonia.
Since most projects are still in the early design phase, like Hy Stor Energy’s Mississippi Clean Hydrogen Hub, the project will be independently evaluated following standards to identify any issues or concerns that might constitute a barrier to accreditation.
In addition to this announcement, Hy Stor Energy is also supporting the Youth for Green Hydrogen, an inclusive movement of young people working towards accelerating climate solutions and scaling green hydrogen, towards establishing the group’s first North America Chapter. Together with Youth for Green Hydrogen and other organizations like universities and national labs, Hy Stor Energy is developing a positive, action-based path forward with educational and advocacy outcomes.
Hy Stor Energy is focused on the urgent need to commercialize, deploy, and scale green hydrogen as it is critical to meet decarbonization goals and mitigate climate change.
Malcolm Turnbull, chairman of GH2, said, “The GH2 Standard provides certainty and transparency to investors and other stakeholders that green hydrogen is exactly that: hydrogen made with renewable electricity which conforms to the highest standards on emissions, ESG and the sustainable development goals.”
Stephen Wright, executive director of the Gulf States Renewable Energy Industry Association, said, “As the energy revolution continues to pick up the pace, GSREIA commends Hy Stor Energy and the Green Hydrogen Organization for developing a gold star standard for green hydrogen.”
Sailesh Singal, Co-founder of Youth For Green Hydrogen, said, “We welcome our partnership with Hy Stor Energy to strengthen youth participation and partnerships in creating Green Hydrogen youth-led innovation and climate solutions in North America and around the world.”
Laura Luce, CEO of Hy Stor Energy, said, “At Hy Stor Energy, we are ready to scale green hydrogen in North America and be a leader in setting the gold standard for zero-carbon, zero-methane hydrogen.”