Implicit in the EU’s plans, announced in July, to be the world’s Hydrogen leader is that this technology will have others competing for the top spot too. When EU nations ramped up their solar PV sector in the 2000s they couldn’t survive the arrival and rapid expansion of Chinese production. Will EU Hydrogen meet the same fate? Sören Amelang at CLEW speaks to a wide range of experts to try to answer this vital question from all the relevant angles. Today, clean Green Hydrogen is far too expensive, so technology cost reductions and scale-up are essential. The EU leads on technology, China leads on costs and scale. But Green Hydrogen technology costs are falling fast – 50% since 2015 – and will fall further. The EU can address scale, too, by expanding Hydrogen’s main uses in energy, storage and feedstocks, which is part of the plan. The EU’s net-zero commitments will also drive Hydrogen’s adoption. Meanwhile, China has no specific Hydrogen targets, but should that change it will impact the entire sector globally. Either way, healthy competition between the two will surely accelerate what the world needs: competitively priced Green Hydrogen.
Energy Post 31st Aug 2020 read more »