Spiralling Power prices and the Impact of the War in Ukraine

Synopsis

The invasion of Ukraine has impacted the entire energy sector, but in the context of Green Hydrogen it has implications for one of its critical challenges to success; achieving green H2 at competitive prices to non-renewable H2.

• Will the increased cost of renewables close down projects or preventing growth?
• When might equality of price might be achieved, and what impact will measures such as the EU €180 per mwh cap have?
• What kind of new contracts, deals, or financial instruments are needed in the face of uncertain prices over the short and medium term?