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Hydrogen on a global scale - Dan Sadler of Equinor

Everything About Hydrogen

CHAPTER

Financing - What's the Opportunity in the Market?

The equinear in our capital markets have committed to spending 50% of our girls' capx by 2030 on low carbon solution and renewable projects. But what we're trying to do here is create new markets, nascent markets. And what we have to do is work with governments, so industry and governments are not just equinear but obviously with government, to create a commercial framework for those markets that aren't currently investable. There's also the question of how long might a subsidy regime, which is kind of partly what we're talking about need to be in place? And the answer to that should be not forever.

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