Hydrogen is predicted to play a leading role in the energy transition with the “green oil of the 21st century” increasingly promoted by governments worldwide.
As an alternative to fossil fuels, it could be a valuable tool for tackling climate change in future, helping many industries to reduce their CO2 emissions. Crucially, it has the potential to be a notable new area of growth for energy insurers.
Anthony Vassallo, Senior Underwriter Onshore for AGCS Regional Unit London & Nordics, highlights some of the opportunities and challenges of a trend at the forefront of the energy industry.
