One of the main future values of nuclear power lies in its capacity to produce hydrogen at scale, in a way that addresses the other inherent constraints of large-scale electrification in a decarbonised economy. Indeed, hydrogen production from renewables also faces intermittency issues, and this potentially limits the potential to utilise electrolyser capacity at high-load levels, which both increases the cost of production and means a need for high storage capacity. The synergistic production of electricity from renewables and nuclear sources ensures that excess clean electrical generation for hydrogen production is available consistently, regardless of weather patterns, and potentially reduces storage capacity needs and costs. The nuclear production of hydrogen is reliable and can ensure high utilisation of expensive electrolysis capacity.
Lexology 11th Feb 2021 read more »