Governments are putting green or low carbon hydrogen at the heart of their “net zero” energy and climate policies. Low carbon hydrogen will contribute to decarbonisation through a number of applications, from energy-intensive industrial processes to transportation and space heating.
Dentons, ILF and Operis have published a white paper on “Scaling up Green Hydrogen in Europe”. In it, we discuss the challenges to the growth of green hydrogen projects. We look across the hydrogen value chain and consider both the physical and contractual/regulatory infrastructure needed to make the vision of a hydrogen economy a reality. We consider how to match supply and demand for hydrogen; suggest possible models for financing hydrogen projects and trading their output, and review the role of public financial support and other policy interventions.
With Senior Consultant David Drury, Operis director and head of advisory Erwan Fournis is one of the paper’s contributing authors. He said: “Operis expects one of these applications to be energy storage and response capacity services, e.g. when hydrogen production and storage is combined with renewable electricity generation. Our project finance experience will be invaluable to investors and developers who want to move into this fast-growing sector and take advantage of Operis’ unrivalled analytical resources when developing modular systems like those”.
Dentons, ILF and Operis launched the white paper during an online seminar on Friday, 26 February 2021, in which a panel of industry experts discussed the issues around hydrogen projects and shared insights from their own experience.
Download a copy of the “Scaling up green hydrogen in Europe” white paper