The German government has recently adopted a National Hydrogen Strategy as part of its commitment to become both a global leader in the energy transition and a market leader in technologies that support the wider ambition to achieve carbon neutrality. Germany’s Strategy considers that only hydrogen produced using renewable energy with no carbon emissions (green hydrogen) will be sustainable in the long term, and putting hydrogen so firmly at the centre of their national strategy will open up new economic opportunities for German businesses at home and abroad. Their national commitment to green hydrogen is backed up with hard cash – billions of Euros will be made available to speed up the development of hydrogen technology and to foster international partnerships.
Energy Voice 15th July 2020 read more »
Green hydrogen to reach price parity with grey hydrogen in 2030, IHS Markit’s latest report looks at a wave of new investments in large-scale projects. Economies of scale and technological improvements, as well as renewables deployment, could make green hydrogen price-competitive with grey and blue hydrogen. The price penalty the industry pays on green hydrogen is set to fall over the next decade, according to a new study on hydrogen economics by IHS Markit. This year will likely be remembered as a turning point for hydrogen. Policymakers have prioritized a range of project announcements, reports, and legislative packages to give impetus to the development of this new energy carrier. Rapidly falling costs for hydrogen are also driving this wave of announcements. “Costs for producing green hydrogen have fallen 50% since 2015 and could be reduced by an additional 30% by 2025 due to the benefits of increased scale and more standardized manufacturing, among other factors,” said Simon Blakey, a senior adviser for global gas at IHS Markit.
PV Magazine 16th July 2020 read more »
The production of green hydrogen could be cost-competitive by 2030, according to a new analysis by IHS Markit.
Power Engineering 17th July 2020 read more »