Masdar is not achieving its price targets
Masdar struggles for offtake at viable prices
UAE renewables developer calls on Europe to do more to incentivise offtakers to pay green premium for hydrogen
UAE state-owned clean energy developer Masdar has called on policymakers in Europe to implement policies and offer more incentives to drive demand for low-carbon hydrogen as it struggles to secure long-term offtake deals at prices that make projects bankable. Regulations do not provide sufficient incentives or penalties to enable projects to charge offtakers a premium for a green product, Mohammad el-Ramahi, chief green hydrogen officer at Masdar, told the FT Hydrogen Summit in London. “When we develop a large-scale project, one of our biggest challenges is long-term committed offtake agreements,” he said. “No one is willing to sign that long-term committed offtake at the targeted price that
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