“Green” hydrogen to decline in price to “blue” hydrogen level only in 2040s, experts say
Водород
It will take until the 2040s to bring down the cost in Russia of “green” hydrogen produced through electrolysis of water and the use of renewable energy sources to the level of “blue” hydrogen – made from methane conversion and the use of CO2 capture technology

    That was the assessment of Konstantin Grebennik, project manager of the Analytical Center of the Fuel and Energy Complex of the Russian Energy Agency (REA).

    “According to our estimates, by 2040, we could achieve a price for hydrogen at the level of production based on fossil fuels, taking into account plans for a carbon tax,” Grebennik said during a conference entitled “Monetisation of gas in Russia and the CIS”.

    “The main factors to ensure competitivity for carbon-free hydrogen include a promising reduction in capital expenditure on electrolysers and in the cost of power produced by renewable sources. If electrolysers are mass produced, their cost could fall from $1,000/kW currently to $200/kW by 2050.

    “If the scenario of accelerated decarbonisation actually occurs, the cost of hydrogen produced on the basis of renewables could come down to less than $2 per kg by 2050. This can be compared to the cost of hydrogen on the basis of natural gas in the EU by the beginning of the 2040s and in Russia by the end of the 2040s. But this time frame could shrink if you take account of different programmes of state subsidies to hydrogen energy,” Grebennik said.

    The priority sector for using hydrogen with the aim of decarbonising of industry is metallurgy or steelmaking (by introducing technology for direct reduced iron – DRI) and the chemical industry (using low-carbon hydrogen as raw material for producing ammonia and methanol). Low-carbon hydrogen can be used in other sectors o industry, including glass manufacture and electrical engineering.

Share:

Share on facebook
Facebook
Share on telegram
Telegram
Share on email
Email
Share on twitter
Twitter
Share on vk
VK
Share on odnoklassniki
OK
Share on reddit
Reddit

Add comments

Your email address will not be published. Required fields are marked *

Five post-crisis priorities for Gazprom

Having starting in advance a plan to put 50 % of its net income into dividends, Gazprom plans to boost its gas refining capacity as well as shipments through export pipelines, while also devoting more attention to CO2 emissions

read more ...

Archives


April 2021
M T W T F S S
 1234
567891011
12131415161718
19202122232425
2627282930