Unlocking the hydrogen economy —
stimulating investment across the hydrogen value chain
This report outlines a view of what it will take to rally investors in support of hydrogen-based
technologies and their enabling infrastructure. Support schemes such as market-making mechanisms
that would provide clarity to both suppliers and users of hydrogen have great potential and I am
greatly encouraged by the blueprint for such schemes that have already been launched.
Solutions will also include financial instruments, such as credit enhancement or risk-sharing schemes,
to improve access to low-cost financing. In-kind advisory support will also play a key role in preparing
large-scale demonstration projects, for example key Important Projects of Common European Interest
(IPCEI) or “lighthouse” projects. I am confident that a combination of these measures can meaningfully
accelerate the transition to low-carbon hydrogen at scale. It is hard to imagine a successful transition
to the impending Industrial Revolution 4.0 without addressing the carbon emissions problem of earlier
phases in our economic development