The cost of producing green hydrogen with renewable energy is set to fall and the capacity to produce it in Europe and nearby countries will likely surpass current targets by 2030, European Union officials said on Monday.
Hydrogen is misinterpreted because you value hydrogen not as a fuel but as a means to secure an uninterruptible supply. So you don’t compare hydrogen with natural gas plus carbon credit. You compare hydrogen within a battery of literally indefinite capacity. That’s a very realistic business case. And we’re going to witness this happening much earlier than anticipated. We don’t…
Both fuel cell electric vehicles (FCEVs) and battery electric vehicles (BEVs) are needed to achieve the most significant transition in the automotive industry’s history – decarbonisation. According to the Roadmap towards zero emissions: the complementary role of BEVs and FCEVs study published by the Hydrogen Council with analytical support from McKinsey & Company, a “combined world”, leveraging the respective strengths…
With the appropriate incentives and policies deployed now, green hydrogen will be cost competitive in the next decade and can be widely deployed to reduce emissions in the most challenging sectors. Policymakers must make concerted efforts to address the immediate green price gap, develop new end uses, and deploy supporting infrastructure for green hydrogen. The speed and scale of need…
Green hydrogen, a clean energy source made from water and renewable power, could become competitive in a decade, according to French utility Engie SA. That relies on Europe setting up the necessary regulatory framework to drive up demand and slash costs, Sebastien Arbola, the company’s head of thermal generation, hydrogen and energy supply, said Tuesday in Paris. The “tipping point”…