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EBRD, Ukraine boost low-carbon hydrogen development

Green Energy

Photo by Piotr Swat / Shutterstock.com

The European Bank for Reconstruction and Development and the Gas Transmission System Operator of Ukraine (GTSOU) are joining forces to promote the development and use of hydrogen in Ukraine, the EBRD announced.

The partners have signed an agreement to formalize their cooperation on low-carbon hydrogen and to develop hydrogen supply chains, a first-of-its-kind accord. The EBRD and GTSOU previously signed a memorandum of understanding (MoU) in April 2020 that would provide a general framework to improve the environment for sustainable energy investments in Ukraine and reduce the level of greenhouse gas emissions, in particular methane fugitive emissions, and air pollution.

The EBRD recently launched a study on the potential for developing different segments of the hydrogen supply chain across many of the economies where it invests, including Ukraine. 

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