Recording of Friday, June 21, 2024 | The smarter E Europe 2024 | Exhibition Program | Language: English | Duration: 52:12 .

"Panel Discusses Parallels Between Early Renewable Energy Sector and Current Hydrogen Economy, Emphasizes Need for Clear Legal Framework to Attract Private Investment"

The panel discussion focuses on financing the energy revolution, specifically incentivizing private investment in the hydrogen sector. Werner draws parallels between the current state of Germany's hydrogen economy and the renewable energy breakthrough in 1998, highlighting that significant progress was made only after clear legislation (the EEG law) provided a transparent and sustainable framework for investments. He emphasizes that despite technological advancements in green hydrogen production, economic uncertainties remain due to unclear regulatory frameworks. The success story of wind and photovoltaic sectors driven by auctions is cited as an example worth emulating for hydrogen. Werner suggests adopting similar legislative measures to those used successfully in other renewables rather than creating entirely new systems without historical precedent. He also notes how the U.S.'s Inflation Reduction Act mirrors earlier successful European policies, further indicating transferable strategies could work well globally if adapted appropriately. Finally, Werner stresses that secure return-on-investment plans are essential for attracting private investors who need guarantees on their investments' safety and profitability.

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Speakers

Werner Diwald
Chairman of the Board
German Hydrogen Association
Germany

Marcel D. Werner
Partner
SENCO Capital
Germany

Rainer Gehrung
CFO/CSO
Home Power Solutions
Germany

Silke Frank
Managing Director (Moderatorin)
Hydrogen Moves GmbH
Germany

Dr. Alexander Budzinski
Partner Advisory
Grant Thornton AG Wirtschaftsprüfungsgesellschaft

Talk of session: Panel: Financing the Energy Revolution! How can we Incentivise Private Investment in the Hydrogen World?

In this panel session, the challenges to finance hydrogen projects are discussed. What are the obstacles and risks for private investors? Do we need more safeguarding for private investors? How can investors make an impact with their investments? How will private investors support the energy transition?

Further Talks of this session:

Welcome & Intro by the Moderator

Speaker

Silke Frank
Managing Director (Moderatorin)
Hydrogen Moves GmbH
Germany

To Talk

Keynote

Speaker

Werner Diwald
Chairman of the Board
German Hydrogen Association
Germany

To Talk

Impulse Lecture

Speaker

Rainer Gehrung
CFO/CSO
Home Power Solutions
Germany

To Talk

Partners & Sponsors

• Session Partner