HYDROGEN AND IP
There are various strategies to manage IP risks and find the right comfort level. In a new field such as hydrogen production and storage, understanding the nature of the risk in the commercial landscape can be vital. This will allow you to put in place suitable strategies to manage and mitigate the risk, particularly when contractors may not be able to fulfil indemnities. This becomes even more important in large-scale hydrogen projects, given their monetary value.
Understanding the IP landscape for hydrogen in Australia (and overseas), potentially through freedom to operate clearance search, can be a pathway to avoid unnecessary roadblocks in a project and allow a business to identify further opportunities. This process may also provide further commercial awareness and ease investor concerns, benefiting current and future projects.
