Imported green hydrogen ‘will be cheaper than domestic’ by 2030
Europe’s low-carbon hydrogen demand could be met by both domestic and imported production
As European countries look to renewable hydrogen to meet their ambitious net-zero targets, they will have to seek out the most cost-efficient sources to meet increasing future demand, according to energy market analytics firm Aurora Energy Research. The energy transition will require rapid delivery of blue and green hydrogen at scale if countries are to reach their net-zero carbon emissions targets. Domestic production is unlikely to be sufficient to meet all demand, and many countries may be forced to look further afield. Renewable hydrogen demand in Europe remains low, at around 300TWh, and is mostly consumed by the ammonia and industrial sectors. But Aurora predicts hydrogen demand in Eur
Also in this section
19 December 2024
More must be done to lower the cost of green hydrogen and its derivatives
18 December 2024
Central Asian country’s vast wind and solar resources have attracted a $50b electrolytic hydrogen mega-project aimed at exporting to Europe
17 December 2024
Sultanate prepares to offer international hydrogen project developers more land concessions but refines auction design as global industry sentiment cools
17 December 2024
Siemens Energy and Air Liquide collaborate on first commercial-scale electrolyser to be deployed at an industrial site in Europe