OIES Podcast – Hydrogen Offtake Agreements

Podcasts - Oxford Institute for Energy Studies

In this latest OIES podcast from the Gas and Hydrogen Programmes James Henderson talks to Agnieszka Ason about her forthcoming paper on hydrogen offtake agreements. The discussion starts with an overview looking at the role of offtake agreements and the current state of hydrogen contracting before moving on to consider the key reference points and precedents for the contracts and their future development. Given the uncertainties around pricing, government support and regulation in various jurisdictions the podcast then looks at the levels of adjustment and adaptation that will be needed in contracts, and we also talk about the likely levels of take-or-pay flexibility that buyers may demand given the risks around demand forecasts over the next two decades. Finally, the podcast looks at the environmental clauses that will be a key element of hydrogen contracts, considering how the parties will incorporate emissions transparency and certification into the agreements.