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

Also in this section
25 July 2025
Oil major cites strategy reset as it walks away from Australian Renewable Energy Hub, leaving partner InterContinental Energy to lead one of world’s largest green hydrogen projects
23 July 2025
Electrolysis seen as most leakage-prone production pathway as study warns of sharp increase through 2030 and beyond
22 July 2025
The gas-hungry sector is set for rapid growth, and oil majors and some of the world’s largest LNG firms are investing in ammonia production and export facilities, though much depends on regulatory support
16 July 2025
Major manufacturer cancels rollout of new hydrogen-powered vans and strengthens focus on battery electric and hybrid markets