24 Apr '18, 11am

Cost of wind-generated hydrogen to fall below natural gas | Windpower Monthly

Cost of wind-generated hydrogen to fall below natural gas | Windpower Monthly

Technological advancements such as the mass production of electrolysers will lead to economies of scale and enable lower capital expenditure, analysts at Berlin-based Energy Brainpool claimed. Meanwhile, the higher penetration of wind and solar power in the grid will allow for excess renewable energy to generate storable hydrogen, the analysts wrote in their report for Greenpeace Energy. How far the price of hydrogen produced by renewable energy sources will fall will also depend on "how high the share of renewables in the electricity system is and how much excess current is thus available", the report’s authors added. Further drops in the costs of wind and solar power will also underpin cost reductions in hydrogen production from renewable energy, the analysts stated. In their report, the analysts highlighted International Energy Agency (IEA) forecasts for the costs of na...

Full article: https://www.windpowermonthly.com/article/1462904/cost-win...

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