Hydrogen projects face financial challenges
Letter on hydrogen: Bankable business?
Pressure is growing on developers to prove the bankability of their projects in a challenging market for green hydrogen
Securing finance for green hydrogen projects has arguably become more difficult over the last couple of years. The risks for investors have increased against a backdrop of deepening policy and regulatory uncertainty, geopolitical tensions and stubbornly high production costs. Add to this list a creeping loss of enthusiasm for the net-zero project, and the chances of winning over lenders and investors start to look slim, especially for independent projects that are not tied into existing infrastructure such as refineries. Bankability for green hydrogen is a complex business in need of greater visibility So far, about $38b of investment has been firmly committed to low-emission hydroge
Also in this section
9 March 2026
Hydrogen has not stalled in the UK because the technology does not work. The problem is that the system around it does not yet move at the speed required
4 March 2026
Turmoil in Middle East reminds nascent clean hydrogen sector that its future prospects are dependent on global energy markets and geopolitics
25 February 2026
Low-carbon hydrogen and ammonia development is advancing much more slowly and unevenly than once expected, with high costs and policy uncertainty thinning investment. Meanwhile, surging energy demand is reinforcing the role of natural gas and LNG as the backbone of the global energy system, panellists at LNG2026 said
18 February 2026
Norwegian energy company has dropped a major hydrogen project and paused its CCS expansion plans as demand fails to materialise
