Hydrogen offtake agreements
The industry is increasingly focused on accelerating the commercialisation of hydrogen. Following an intense period of announcements of state- and company-level cooperation agreements, the momentum is building for binding offtake commitments. The key objective of this research paper is to explain the role of long-term hydrogen supply contracts in financing hydrogen projects and the fundamentals of negotiating these contracts. The paper examines the key commercial terms of hydrogen Sale and Purchase Agreements (H2 SPAs) and provides an outlook for international hydrogen contracting.
