Sunday, July 7, 2024 12:57 PM
Investors like Konstantin von Oldenburg advocate for a clear regulatory framework in the EU to attract funding for hydrogen and ammonia infrastructure projects. The 29th Baku Energy Forum addresses various energy-related topics and the shift towards sustainability.
The European Union is facing calls to create a well-defined regulatory framework for investments in hydrogen and ammonia, rather than depending solely on direct government subsidies. This push comes from investors like Konstantin von Oldenburg, the Managing Director of VNG Handel & Vertrieb GmbH, who stress the critical role of transparency and stability in regulations to attract funding for infrastructure projects.
Von Oldenburg emphasizes that a consistent regulatory environment is essential for investors to accurately evaluate potential returns and make long-term plans. He underlines the necessity of a stable structure lasting at least 25 years to ensure a reasonable range of returns, especially for processing facilities. Confidence in the investment's profitability over time is crucial, highlighting the importance of stability and clear future planning.
The discussions at the 29th Baku Energy Forum encompass a wide array of topics, including energy supply, exploration, infrastructure development, human capital, and strategies for transitioning to a more sustainable world.
Establishing a clear regulatory framework for hydrogen and ammonia investments is vital for attracting funding and ensuring the success of infrastructure projects. Investors like Konstantin von Oldenburg stress the need for stability and transparency in regulations to foster long-term planning and confidence in returns. The ongoing discussions at the Baku Energy Forum shed light on various aspects of energy development and the transition to a greener future.