#hydrogen: our new publication on LCOH system boundaries is out
👇
Let me add two things here on
- cost vs. prices and
- electrolyser full-load hours in the context of energy system integration
...
1/7

https://twitter.com/AgoraEW/status/1680894213649514496

💰 On cost vs. prices in the context of #hydrogen:

The price for electrolyser systems in the EU today is still generally high (significantly above
1 000 Euro/kW), although it is projected to fall considerably in the future.
2/7

#Hydrogen production via electrolysis needs a large number of full-load hours to be economical, and #offshorewind promises just that.
But there is a caveat - and new evidence.

Let me explain… 🧵 👇
1/ Europe will need a lot of #hydrogen for those no-regret applications that really require it to become climate-neutral:
in industry, in long-haul aviation & shipping, in the power sector as seasonal storage for backing up renewables & in heat grids.
2/

Green #Hydrogen Task Force:
Action plan by hydrogen industry, supported by @RockyMtnInst: 👇
- Imported green H2 could be cheaper than domestically produced grey or blue H2 through to 2030
- need of €20 to €30 billion near-term market and first-mover support by 2030
1/9 While green H2 is currently competitive with grey and blue H2 produced with natural gas (see Exhibit 4 above), green H2 fuel is still more expensive in direct competition with fuels like natural gas, crude oil, and coal, which it will displace across several sectors.
2/9

No-regret #hydrogen:
Charting early steps for H₂ infrastructure in Europe.

👉Summary of conclusions of a new study by @AgoraEW @AFRY_global @Ma_Deutsch @gnievchenko (1/17)
agora-energiewende.de/en/publication… The idea behind this study is that future hydrogen demand is highly uncertain and we don’t want to spend tens of billions of euros to repurpose a network which won’t be needed. For instance, hydrogen in ground transport is a hotly debated topic cleanenergywire.org/news/climate-t… (2/17)