Italian researchers say hydrogen storage offers more supply-side flexibility than battery storage, while a German consortium has developed a global hydrogen potential atlas for sustainable production and trade.
The UK government announced a new business model for hydrogen, based on dispatchable power agreements available to carbon capture technologies.
The US government says electrolysis could reduce clean-hydrogen production costs to $1/kg by 2031, while ABI Research claims the global levelized cost of hydrogen (LCOH) will become cost-competitive by the end of this decade, dropping to $2.50/kg.
Researchers from the Fraunhofer Institute for Solar Energy Systems have analyzed the techno-economic potential of importing hydrogen to Germany from Brazil, Morocco, Canada, Ukraine and the United Arab Emirates.
Scientists in the United Kingdom have simulated how a 1 GW off-grid agrivoltaic facility may be used to fuel hydrogen fuel electric cell vehicles across Australia, California, China, Nigeria, and Spain. Their techno-economic analysis showed that the proposed combination could provide a levelized cost of hydrogen ranging from $3.90/kg to $8.13/kg.
The European Commission’s second hydrogen auction allocates €1.2 billion ($1.3 billion) for projects supporting renewable hydrogen production, with €200 million earmarked for projects with off-takers in the maritime sector. Bidding is open until Feb. 20, 2025.
BMW Group says it will switch its Regensburg plant logistics to hydrogen by 2026, replacing electric vehicles with hydrogen-powered forklifts and tugger trains, while Exolum has launched a new business line to offer integrated logistics solutions across the hydrogen value chain
European researchers have told pv magazine that hydrogen production costs are often underestimated in prefeasibility studies, while the South Korean authorities have reported a rise in deals for large-scale hydrogen consumption projects.
KfW Development Bank has offered €24 billion ($25.2 billion) grant to bridge the gap between network operators’ high investment costs and the initially low revenues from network charges.
The Oxford Institute for Energy Studies says addressing hydrogen leakage across the supply chain is crucial to making hydrogen a sustainable energy vector. Italy, meanwhile, has unveiled its national hydrogen strategy, with a focus on its role in the Mediterranean.
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