Financing Decarbonisation: Green Hydrogen (Projects) Under the Microscope
Shearman & Sterling and GFC Media Group hosted a virtual panel session titled “Financing decarbonisation: Green hydrogen (projects) under the microscope,” which took place on Wednesday, November 18 at 9:00–10:00 am GMT.
Hydrogen is set to transform from fringe fuel to mega-billion industry over the 21st century, and with green hydrogen offering to almost entirely eliminate emissions by using renewables, governments, developers and financiers are quickly recognising its radical potential.
Pipelines are growing, but key questions remain over how these projects will be financed. Shearman & Sterling and GFC Media Group assembled five decision-makers in the vanguard of this industry who dealt with questions key to the future of this rapidly developing industry.
Financing decarbonisation: Green hydrogen (projects) under the microscope
- What types of projects are in the pipeline, and to what extent are these focused on new (rather than existing) applications?
- How does financing of these projects differ vs. other forms of energy? What financing structures are available, and what are the different sources of funding?
- What risks/challenges are raised in the context of financing hydrogen projects? How can they be overcome? To what extent do policymakers play a part in this?
- Beyond O&G: To what extent can existing or new O&G infrastructure provide realistic near-time financing opportunities as transitional H2 applications, and in which markets?
- Ben Shorten, Partner, Shearman & Sterling
- Gabriel de Laval, Director, Metals and Mining, Credit Agricole CIB
- Jeremy Balding, Acquisitions, Investments and Financial Advisory, Green Hydrogen, ENGIE
- Atanu Das, Vice President, Acquisitions & Project Finance, ACWA Power
- Harry Boyd-Carpenter, Director, Head of Energy EMEA, European Bank for Reconstruction and Development (EBRD)