Green hydrogen could undercut blue by 2030 – ICF
Use of cheap electricity from curtailed renewables could greatly reduce costs
US green hydrogen may become cost-competitive with blue hydrogen within just over a decade, depending on the availability of curtailed renewable generation, according to a new report by consulting firm ICF. Pairing either curtailed or negatively priced electricity with electrolysers can keep the process cost-competitive with hydrogen produced through steam-methane reforming (SMR) plus carbon capture and storage, says the report. Green hydrogen can be powered with dedicated renewables assets in areas where there is a great deal of this type of generation, such as Texas and California, according to report co-author Mike McCurdy, director of fuels and power at ICF. $3/kg – Cost of US gree
Also in this section
28 March 2024
Investment landscape is firming up in North African country with potential to become one of the world’s major exporters
22 March 2024
German energy firm and Canada-based Pattern Energy aim to ship green ammonia to Hamburg in latest move to secure imports to Europe’s largest economy
22 March 2024
French company prepares for commercial launch of underground storage system to be deployed at green hydrogen production and consumption sites
21 March 2024
Region has competitive edge in low-carbon hydrogen, but infrastructure and export challenges are key roadblocks to overcome