Sheppard Mullin's Involvement in Green Hydrogen Procurement Initiative
Key Ideas
  • Sheppard Mullin, a renowned law firm, collaborates with the Green Hydrogen Coalition to lead the Contracts Workstream aimed at advancing understanding and facilitating green hydrogen procurement.
  • The Green Hydrogen Coalition's HyBuildTM North America Initiative focuses on developing a competitive supply chain for low-cost, mass-scale green hydrogen to meet the needs of large offtakers.
  • The Contracts Workstream identified three early green hydrogen consumption profile groups and held working group meetings to discuss stakeholder needs, challenges, and solutions for each profile.
  • Key topics of discussion within the working groups included renewable energy supply, infrastructure, financing, regulatory concerns, and stakeholder collaboration in the green hydrogen ecosystem.
Sheppard Mullin, a full-service Global 100 law firm, with a significant presence in the United States, Europe, and Asia, has been actively involved in promoting green hydrogen as a crucial component of the energy transition and reducing reliance on fossil fuels. The firm, known for handling corporate, technology, and energy matters, partnered with the Green Hydrogen Coalition to lead the Contracts Workstream under the HyBuildTM North America Initiative. This initiative aims to establish a competitive supply chain to enable the large-scale production of low-cost green hydrogen for major offtakers. The Contracts Workstream conducted confidential interviews with potential green hydrogen offtakers, leading to the identification of three consumption profile groups. Subsequent working group meetings addressed stakeholder needs, challenges, and solutions for each profile type. Key discussions revolved around renewable energy supply, emphasizing the importance of reliable and low-cost renewable energy sources to produce green hydrogen effectively. Infrastructure considerations, including transportation and storage, were highlighted as critical aspects that need collaboration between suppliers and offtakers. The involvement of various industry players, including legal, financial, and environmental advisors, underscored the multi-faceted approach required to drive green hydrogen procurement. Despite the evolving regulatory landscape and future uncertainties, the collaborative efforts of Sheppard Mullin, the Green Hydrogen Coalition, and other stakeholders demonstrate a positive outlook towards advancing green hydrogen initiatives and building a sustainable energy future.
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