RAE, the Regulatory Authority for Energy, working on a framework for a domestic hydrogen market, needs to decide if market players or operators will have a greater say in market operations.

The level of investment interest expressed by market players will be pivotal in the model to be chosen by RAE. If investor level of interest is high, the authority will give market players the ability to take initiatives. If not, a more regulated solution will be applied, Giorgos Loizos, head of RAE’s Units, Electricity Networks and New Technologies, told a gas grid operator DESFA conference titled “Building the Hydrogen Value Chain in Greece”.

Three different regulatory systems could be applied. One would entail an unbundling regulation system involving independent managers of “Power-2-Gas” units for a model in accordance with that of renewable energy sources.

Another model, would involve TSOs/DSOs as Kick-Starters, which would give priority to operators and restrict unbundling practices.

A third system, the Virtual P2G Plant approach, would involve a combination of the above.