Buyers looking to enter this nascent market face multiple risks
Letter on hydrogen: Caveat emptor
The use of innovative risk management techniques used in other commodity markets can help overcome the impasse between producers and offtakers that threatens to stall the hydrogen sector’s growth
Just 4% of the low-carbon hydrogen production projects announced globally have reached FID, according to the IEA’s latest review of the sector. That number will alarm policymakers around the world amid a growing realisation that hefty supply-side subsidies alone are not nearly enough to unlock the investment needed to meet ambitious 2030 production capacity targets. The IEA urges governments to match their generous supply-side subsidies with more support for the demand side of the market. The argument is that this will help bring long-term offtakers to the table, in turn making supply projects more bankable. Concerns over the lack of willing buyers have dominated recent debate in the i
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25 February 2026
Low-carbon hydrogen and ammonia development is advancing much more slowly and unevenly than once expected, with high costs and policy uncertainty thinning investment. Meanwhile, surging energy demand is reinforcing the role of natural gas and LNG as the backbone of the global energy system, panellists at LNG2026 said
18 February 2026
Norwegian energy company has dropped a major hydrogen project and paused its CCS expansion plans as demand fails to materialise
4 February 2026
Europe’s largest electrolyser manufacturers are losing patience with policymakers as sluggish growth in the green hydrogen sector undermines their decision to expand production capacity
2 February 2026
As a fertiliser feedstock, it is indispensable, but ammonia’s potential as a carbon-free energy carrier is also making it central to global decarbonisation strategies
