Scaling Hydrogen Financing for Development / OECD.

Format:

Book

Author/Creator:

Organisation for Economic Co-operation and Development, author, issuing body.

Language:

English

Subjects (All):

Hydrogen as fuel.

Clean energy industries--Finance.

Clean energy industries.

Physical Description:

1 online resource (128 pages)

Place of Publication:

Paris : OECD Publishing, 2024.

Summary:

This report on scaling up clean hydrogen financing provides a unique and in-depth proposal to transform ideas into attractive investment projects. It highlights how policy and financial risk mitigation mechanisms play a critical role in slashing the funding gap and reducing the cost of hydrogen generation. The findings promise to boost clean hydrogen lighthouse projects to revolutionize this multi-billion-dollar industry, so that emerging markets and developing countries can successfully participate in this nascent sector.

Contents:

Abbreviations vii

Preface viii

Acknowledgments x

Key Findings xii

Executive Summary xv

About this Report xxv

1.Clean Hydrogen: Status, Projections, and Scenarios 1

Key Points 1

Recent Developments and Outlook in the Short to Medium Term 2

Long-Term Clean Hydrogen Scenarios 4

Markets for Clean Hydrogen 6

Investment Needs Through 2030 8

Hydrogen Deployment 9

Business Models and Project Case Studies: Lessons from Global Best Practices 14

2.Technical and Economic Cost Assessment 23

Key Points 23

A Breakdown of Clean Hydrogen Production Costs Today 24

Closing the Clean Hydrogen Cost Gap 34

3.Financing the Clean Hydrogen Value Chain: Risks and Derisking Mechanisms 43

Key Points 43

Risks Hindering the Availability of Financing for Clean Hydrogen Projects in EMDCs 44

Category A. General Risks Related to Investing in Large Infrastructure Assets 48

Category B. Risks Specific to Investing in Clean Hydrogen Projects 52

4.Growing the Market: Funds, Policies, and the Role of Multilateral

Development Banks 65

Key Points 65

Addressing Clean Hydrogen's Financing Needs, Given Global Finance Metrics 66

Enhancing Credibility with a Clean Hydrogen Strategy 69

Mitigating Institutional and Political Risks 69

Policy Options to Decrease Costs and Mitigate Risks 71

Policies to Mitigate Demand and Offtake Risk: Portfolio Obligations and Adoption Targets 74

The Role of Multilateral Development Banks 77

iii

Contents

Abbreviations vii

5.Actions to Accelerate Clean Hydrogen for International Development 85

Key Points 85

Capacity Building and Knowledge Sharing 86

International Coordination 87

Policies and Institutional Frameworks to Accelerate Project Development 89

A Proposal for Lighthouse Projects 90

References 91.

Notes:

Description based on publisher supplied metadata and other sources.

Includes bibliographical references.

ISBN:

92-64-76113-6