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Hydrogen Offtake Contracts Status

How do you define different Contract types for Offtake Contracts

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Written by Mahesh Sharma
Updated over 3 months ago

One of the key milestones in the progress of hydrogen projects is securing firm offtake agreements. These can be analysed within Lens Hydrogen to compare which projects have contracts in place, what sectors are these supplying, and who has been procuring volumes.

The contract types covered, in order of maturity are:

路 Termsheet

路 Letter of Intent (LOI)

路 Heads of Agreement (HoA) / Memorandum of Understanding (MoU)

路 Sales and Purchase Agreement (SPA)


You can view the Hydrogen Contract Status type within the Offtake Contract Table.

You can further check the description of the Offtake Contracts by scrolling right within the offtake Contracts table, which provides further understanding on Buyer and Seller Companies.

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