Double Auctions, Double the Fun with H2Global Executive Director and Co-Chair Susana Moreira

The EAH team had the pleasure of speaking with Susana Moreira about H2Global’s plans to transform how Europe buys green fuels.

Susana Moreira is the Executive Director and Co-Chair of H2Global Stiftung. The H2Global Foundation is dedicated to fostering international cooperation and raising awareness about the H2Global mechanism and other market-based tools among governments worldwide to support their climate goals. It is also the body that has developed and now runs a unique double-sided auction mechanism, that aims to encourage global production of green fuels by providing long term certainty to project developers and allowing customers to purchase shorter term contracts, at prices that reflect market rates. In just three years, the H2Global instrument, implemented by Hintco, has mobilized over €5.86 billion from government sources to compensate for the price difference between supply and demand.

To hear more about Susana, H2Global and how they are hoping to unlock some of the worlds largest eFuel projects, don’t miss this week’s episode!

About Susana Moreira:

Susana Moreira is Executive Director and Co-Chair of the Board at H2Global Stiftung.

She has 15 years of experience working on energy and mining issues. During her 10+ years at the World Bank, she played a leading role in developing new projects in Latin America, the Caribbean, and Sub-Saharan Africa. She also led the “Climate-Smart Mining” initiative as well as the “Kickstart Hydrogen Knowledge Series”, and spearheaded various in-depth research publications on gases-for-transition, including green hydrogen, mining, and sustainability. Prior to joining the World Bank, she worked as a consultant on energy, political rights in Africa and public relations. She holds a PhD in International Studies, an MA in Pacific International Affairs, and a Bachelor’s degree in International Relations.

About H2Global Stiftung:

H2Global supports the urgent need to create functioning markets for clean hydrogen and other low-emissions fuels by mobilizing public and private capital. The H2Global mechanism is designed to facilitate the ramp-up and use of clean hydrogen and other low-emissions fuels on an industrial scale, thereby actively contributing to the global energy transition and decarbonization efforts.

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Links:

Hintco Fact Sheet

https://cdn.sanity.io/files/u4w9plcz/production/8506bc6f24909ba96b6748f3fb0b28ab914607da.pdf

H2Global - Idea, Instrument, and Intentions Policy Brief

https://files.h2-global.de/H2Global-Stiftung-Policy-Brief-01_2022-EN.pdf