PE Live: EU must prioritise blue and green hydrogen

Various types of hydrogen production will be needed if an internal market is to be stimulated, says panel

Europe will have to develop other forms of hydrogen alongside green hydrogen as it transitions to a decarbonised energy system, according to participants speaking at a PE Live webcast organised in association with professional services firm Deloitte today. Green hydrogen is seen as the most important variety of the fuel because it can be produced without the use of fossil fuels. But it is significantly more expensive to produce than other forms of hydrogen. According to the EU’s own calculations in its hydrogen strategy, green hydrogen costs between €2.5/kg ($2.7/kg) and €5.5/kg depending on the price of electricity, while blue hydrogen costs around €2/kg and grey hydrogen around €1.5/kg.

Welcome to the PE Media Network

In 2021 Petroleum Economist is joined by Hydrogen Economist and Transition Economist to form the only genuinely comprehensive intelligence service covering the global energy industry