Industry experts participating in a recent webinar hosted by H2 View addressed the challenges faced by clean hydrogen projects in securing financial investment decisions (FID). The discussion pointed out that rigid funding structures, long-term offtake expectations, and investor risk aversion are major barriers to the progress of clean hydrogen projects. The Hydrogen Council's data revealed that as of 2023, only 7% of clean hydrogen projects had managed to reach FID, indicating a significant shortfall in meeting climate goals. Developers in the sector expressed concerns over offtake agreements and buyer hesitancy as key hurdles in advancing clean hydrogen initiatives. Adam Forsyth, the Head of Research at Longspur Capital, emphasized the necessity of shifting from traditional high-volume, long-term contracts to more adaptable and dynamic project financing models to leverage the benefits of green hydrogen. This call for a more flexible approach aims to address the current challenges and enhance the viability of clean hydrogen projects for a sustainable energy future.