Hydrogen sector targets production boost
Energy losses in the production process contribute to making hydrogen produced with renewable energy expensive. Companies and researchers are working to improve the efficiency of electrolyser technology and scale it up, bringing down the green hydrogen price tag at the same time
Improving electrolysis efficiency could help make green hydrogen a competitive option ECONOMIES OF SCALE Costs of hydrogen will come down as electrolyser capacity is rolled out worldwide MATTER OF TIME To make an impact on the energy transition, green hydrogen needs to make gains in efficiency and cost competitiveness before other technologies mature KEY QUOTE Prices will have to fall significantly if green hydrogen is to be economically feasible at some point As the Intergovernmental Panel on Climate Change (IPCC) states in its latest report: “As a general rule, and across all sectors, it is more efficient to use electricity directly and avoid the progressively larger conversion losses from produci ...
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