Siemens Energy electrolyser
Hydrogen: A promising new energy carrier, but how can projects be financed?
How can we overcome difficulties in raising capital and other obstacles to green hydrogen playing a major part in the future energy mix?
Hydrogen is one of the new energy carriers that is generating a great deal of interest and shows a lot of promise as a route to decarbonisation. Although many companies are offering solutions, few of them have roadmaps to achieve scale, which increases project risk and makes raising capital much harder. The IEA’s World Energy Outlook forecasts hydrogen production around three scenarios: net zero, pledges, and rules and regulations. Depending on the scenario, electrolyser capacity ranges from 30GW to 100GW or even up to 300GW. Looking at planned capacity additions, the forecast shows there will be sufficient hydrogen production capacity to meet the demand between the net zero case and the ple
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