Green Hydrogen “can compete” with blue in EU
Reduction in installation costs and siting of production in specific regions is key, says analysis by Aurora Energy Research
Green hydrogen can be produced for €2-2.5/kg in Europe by 2030 in an optimistic scenario—the level it needs to be to be cost-competitive with blue hydrogen production, according to analysis by Aurora Energy Research. But this scenario relies heavily on accelerated reductions in installation costs for electrolysers and the siting of production in specific regions—both in terms of low cost renewable generation but also in terms of exemptions from costs such as grid connection. “The cost of producing hydrogen will fall quickly over the next two decades but reaching €2/kg in Europe will be a challenge,” says Anise Ganbold, global energy markets lead at Aurora Energy Research. “In order to encou
Welcome to the PE Media Network
PE Media Network publishes Petroleum Economist, Hydrogen Economist and Carbon Economist to form the only genuinely comprehensive intelligence service covering the global energy industry
Comments