New OIES Research Paper.
It is anticipated that green hydrogen will require government support for the next 15-20 years and that green hydrogen export projects will have to compete, largely on delivered price, to supply the demand created by the importing government programmes. Efficient project financing, both debt and equity, can play an important part in minimising the cost.
This paper considers a 1GW archetype project, using solar power to export green hydrogen in the form of green ammonia, and considers the key issues that will impact its ability to attract low-cost debt.
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