Subject. The development of hydrogen energy in the context of the global energy transition. Objectives. To identify the key financial and economic mechanisms for stimulating hydrogen energy within the framework of the global energy transition. Methods. The study employed content analysis, comparative analysis, and the method of summarizing and systematizing results. Results. A list of the most widespread financial and economic mechanisms for stimulating hydrogen energy in the context of the global energy transition has been identified. Additionally, the most promising tools for the industry’s development have been outlined — these tools could be tested in the near future. Conclusions and Relevance. Full and sustainable integration of hydrogen into the global economy as part of the global energy transition is not feasible solely through government support measures without voluntary demand for hydrogen from the corporate sector. Project financing mechanisms and public-private partnerships ensure an optimal balance between public and corporate involvement in projects. They also create a favorable investment climate for the private side by applying a comprehensive risk management approach and involving the public side as a guarantor for specific projects. The tandem of the public and private sectors drives the creation of demand necessary to scale up hydrogen use across economic sectors. The findings can be used by relevant government agencies in addressing the economic aspects of hydrogen energy development.
Keywords: energy transition, hydrogen, hydrogen energy, decarbonization, renewable energy sources
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