Ecobiz.asia – The Green Hydrogen Organisation (GH2), in collaboration with leading law firms, has launched four strategic reports outlining financial and legislative frameworks to support large-scale renewable energy and green hydrogen projects in Indonesia.
This initiative involved GH2 partnering with A&O Shearman (Ginting & Reksodiputro), Baker McKenzie (HHP Law Firm), Herbert Smith Freehills (Hiswara Bunjamin & Tandjung), and Witara Cakra Advocates (White & Case LLP).
According to Rifan Bachtiar, GH2 Indonesia Country Manager, the reports, titled ‘Indonesia Good Green Hydrogen Contracting and Legislation’, aim to provide guidance on streamlining contracting practices, enhancing efficiency, and reducing project development costs.
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“This initiative is expected to help the government, project developers, and communities secure beneficial agreements while maximizing the potential of green hydrogen projects in Indonesia,” Rifan stated during the report’s launch event in Jakarta on Wednesday (March 26, 2025).
The event was attended by GH2 CEO Jonas Moberg, Andriah Feby Misna, Director of Various New and Renewable Energy at the Ministry of Energy and Mineral Resources (ESDM), and Nizhar Marizi, Director of Energy, Mineral, and Mining at the National Development Planning Agency (Bappenas).
During the discussion, Ferhat Afkar, Senior Associate at A&O Shearman, emphasized the importance of diversifying revenue streams, structuring off-take agreements strategically, and leveraging the role of state-owned enterprises (SOEs) in project development.
Meanwhile, Matthew Goerke, Partner at Herbert Smith Freehills, proposed a structured licensing framework that clearly defines green hydrogen, ensures public access, and establishes an independent regulatory body.
Nadia Soraya, Partner at HHP Law Firm, highlighted the need for transparent and adaptable certification criteria, along with strong government support to boost investor confidence.
Additionally, Cindy Riswantyo, Partner at Witara Cakra Advocates, discussed green hydrogen pricing models, including hybrid pricing, dynamic pricing, and a floor price approach.
The discussion underscored the growing momentum of Indonesia’s green hydrogen sector and the need for well-defined policies and solid financial mechanisms. These reports are expected to serve as key references for stakeholders navigating the regulatory landscape of the green hydrogen industry. ***