The German environment minister has called for the world’s first green-hydrogen tender to begin next year, starting at 5,000 tonnes and rising by the same amount each year until 2030, when 5GW of electrolysis capacity would be installed. Svenja Schulze — a member of the Social Democrats, the junior party in the ruling coalition — also called for a quota of at least 2% green hydrogen in jet fuel by 2030, arguing that this would incentivise the production of the zero-carbon gas, which is produced by using renewable energy to split water molecules into hydrogen and oxygen inside machines called electrolysers. Germany is currently considering holding special offshore wind tenders to produce green H2, according to the draft of a national hydrogen strategy seen by Recharge. The draft document also states that green hydrogen should provide 20% of the country’s hydrogen needs by 2030, which would equate to nearly 1.5 million tonnes, according to Platts Analytics — far above the 275,000 tonnes of tenders suggested by Schulze. Currently 70 million tonnes of hydrogen are produced each year, mainly for use in oil refineries and for ammonia production, more than 95% of which is produced from methane or coal, pumping nine to 12 tonnes of CO2 into the air for every tonne of H2 produced.
Recharge 18th Feb 2020 read more »
The EU should set a target for green hydrogen to push gas out of the market and help the continent reach net-zero emissions by 2050, according to the vice-president of the European Investment Bank (EIB). Andrew McDowell, speaking at the Empower energy-transition conference in Brussels on Tuesday, said that if the average wholesale price of clean electricity falls to €0.02 ($0.022) or €0.03 per kWh (€20-30/MWh) — green hydrogen would be cheaper than natural gas, enabling full decarbonisation of the energy market. Individual wind and solar projects have already been awarded at prices below €0.02 per kWh (€20/MWh) around the world, with the lowest cost seen in Europe being €14.80/MWh (€0.148/kWh) awarded for a solar project in Portugal last June. The International Renewable Energy Agency (Irena) reported last year that it expected the global average levelised cost of onshore wind and solar power to reach $0.045 and $0.048 per kWh, respectively, this year.
Recharge 19th Feb 2020 read more »