Hydrogen Sales & Purchase Agreement: Challenges Contract Standardization

In this FRS Talk, Dr. Nuno Antunes joins us to present some results of the research & development conducted by the Hydrogen Task Force of AIEN, Association of International Energy Negotiators, which ultimately has the purpose of developing model contracts within the hydrogen realm, including the Hydrogen Sales and Purchase Agreement (H2 SPA).

Background

Many projects of renewable and low-carbon hydrogen are currently in the design or pre-FEED stage. The issue of hydrogen offtaking (and offtakers) has proven to be a critical concern. Sale and purchase agreements for hydrogen and its derivatives have thus moved into the spotlight, and have become one of the key contracting instruments for the emerging hydrogen market. The AIEN, known for its track record in developing model agreements for the oil and gas sector, initiated a “Hydrogen Taskforce” in 2022 to explore contract standardization in the hydrogen field. This webinar will provide an overview of some of the task force’s efforts, forthcoming steps, and specific challenges that have been faced.

The FSR Talks series monthly invites policy-makers and academics to talk about relevant topics related to energy and climate regulation addressed to a global audience. It is co-hosted by Prof. Lucila de Almeida representing the European University Institute/Robert Schuman Center for Advanced Studies/Florence School of Regulation ((EUI/RSCAS/FSR), Carol Awuor from the African School of Regulation (ASR), and Swetha Ravi Kumar from FSR Global based in India.

Speaker
Dr. Nuno Antunes | Lead of the AIEN Hydrogen Taskforce, Invited Professor at Universidade Católica de Portugal, and Partner at Miranda & Associados, Portugal.

Invited Discussant
James Kneebone (FSR)

Co-Hosts
Prof. Lucila Almeida | Part-time Professor, EUI/RSCAS/FSR
Carol Awuor Ofafa | Research Associate, ASR – African School of Regulation
Swetha Ravi Kumar | Executive Director, FSR Global