The summit brought together policymakers, developers, investors, financiers, technology providers and potential hydrogen buyers.
Its programme covered:
- financing and financial closure of hydrogen projects;
- long-term purchasing and offtake agreements;
- production costs and project risks;
- hydrogen transport and international trade;
- green ammonia and other hydrogen derivatives;
- demand from steel, chemicals and heavy industry;
- hydrogen applications in aviation and mobility;
- policy frameworks and market-support mechanisms.
A dedicated buyers and offtake forum connected project developers with potential users.
Main lessons
The discussions highlighted that technical feasibility alone did not make a project investable. Developers also needed:
- a credible buyer and long-term demand;
- transparent pricing and contract terms;
- suitable allocation of market, regulatory and delivery risks;
- access to competitively priced renewable electricity;
- grid connections and transport infrastructure;
- stable public support during early market development.
Rising capital costs, uncertain demand and complex support schemes had delayed many projects. This reinforced the need to develop production capacity in line with realistic end uses rather than relying primarily on future market expectations.
Practical value
For regional project developers, the event showed why potential users should be involved before production and infrastructure investments were finalised. Early coordination between producers, buyers, public authorities and financiers could improve project design and reduce the risk of creating assets without sufficient demand.
Available materials
The organiser published a 2024 post-event report covering the summit, participating stakeholders and principal themes.