OIES – Hydrogen Offtake Agreements, Aug 2025

The document is dedicated to hydrogen offtake agreements, which play a key role in the development of the clean hydrogen economy.

These agreements provide long-term commitments that facilitate the realization of capital-intensive projects and support market growth. Although most contracts are in the early stages, the emergence of binding contracts indicates growing market maturity and investor confidence. The contracting process is complex and requires consideration of the unique dynamics of the clean hydrogen market. Hydrogen sales and purchase agreements (H2SPAs) are expected to become the dominant contract model, enhancing the financial attractiveness of projects and simplifying cross-border trade.