Four steps to hydrogen economy – Engie

Green hydrogen can close gap in cost-competitiveness with grey by 2030 if steps are followed, says Engie executive

There are four key steps to bringing down the costs of green hydrogen to be competitive with grey, according to Caroline Hillegeer, chief commercial officer of the hydrogen division of French utility Engie, told the First Element hydrogen conference. “The gap in competitiveness could be limited in 2030 thanks largely to reductions in the production costs of electricity,” she says. “This cost reduction has largely already been engaged. What is really essential is four further areas of effort.” The first of these areas is the mobilisation of offtakers to sign contracts and ensure green hydrogen production facilities do not become stranded assets. The second is to scale up technology as quickly