Nuclear power too expensive for hydrogen production
Senior UN IPCC figure says reactors are not competitive with other low-carbon forms of power generation so the industry would require substantial subsidies to produce H<sub>2</sub> on either side of the Atlantic
The recent spike in net-zero commitments by companies and countries has brought with it the realisation that massive amounts of decarbonised hydrogen will be needed in the future to slash emissions in hard-to-abate industries. In the UK and US, this has led proponents of the nuclear industry to present it as a potential source of power for the electrolysers to produce what is often referred to as pink hydrogen. Professor Benjamin Sovacool In mid-February, the UK’s Nuclear Industry Council (NIC) released a roadmap report suggesting that as much as a third of UK hydrogen could be produced using nuclear power—both large-scale and small mod
Also in this section
17 January 2025
Bank’s UK arm signs first deal to finance a green hydrogen developer, but cost and offtake pressures mean the sector remains too risky for many lenders
15 January 2025
The country’s technology-neutral position and competitive business environment mean it is looking to be surfing the second wave of the energy transition while others are still grappling with the first
14 January 2025
With abundant wind and sunshine, Africa is poised to lead in green hydrogen production. Yet high costs and financing challenges require global partnerships to unlock the continent's potential
14 January 2025
The continent’s largest economy sees an opportunity to join the global export market, but funding gap and lack of regulatory framework present challenges
