India is often taken as a microcosm for much of the developing world because people living in many different circumstances in the country are representative of what is found in large parts of the developing world. This is particularly relevant for clean technologies that are consumer-led and...

The continuing increase in global greenhouse gas emissions and the likelihood that targets to limit the temperature increase to 1.5o above the level seen at the start of the industrial revolution will be missed has resulted in a growing focus on the development of all forms of carbon-free...

The global climate change imperative presents a particular challenge because of the scale and nature of the investment needed in developing countries, coupled with the difficulty of raising long term debt in many of them. Project finance can help to address this challenge because it enables...

As a manufactured fuel, hydrogen can be produced in a decentralized way in most countries around the world. This means, even in a net zero economy, the global trade of hydrogen could look quite different to the current international trade in fossil fuels, including natural gas. With further...

The European Commission has identified hydrogen as a key part of its decarbonisation strategy. The 2022 REPowerEU Strategy set a target of 20MT consumption of renewable hydrogen by 2030. The Commission is keen to promote a single European market in hydrogen, similar to the current one for...

The Oxford Institute for Energy Studies started researching the role of hydrogen in the energy transition in 2020. Since then the interest in hydrogen has continued to grow globally across the energy industry. A key research question has been the extent to which clean hydrogen can be scaled up...

Hydrogen's production versatility, coupled with its potential as an energy vector, positions it as a potentially important fuel for the future. It can be sourced in many different ways, and has the ability to meet many applications, both in existing and future technology, and this means that...

Contracts for Difference ('CfDs'), previously mainly known as financial hedging instruments, are increasingly seen as the method of choice for incentivising investment in clean energy technologies. In the power sector, the CfD mechanism has emerged as the preferred arrangement to provide the...

This paper considers potential import routes for low-carbon and renewable hydrogen (H2) to main European markets like Germany. In particular, it analyses claims made by Hydrogen Europe and subsequently picked up by the European Commission in its Hydrogen Strategy that there will be 40GW of...

Central banks worldwide are stepping up actions in relation to climate change and taking on an increasingly important role in supporting the energy transition. Given the prominent role that central banks play in the financial markets and in influencing financing conditions, they can act as a...