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Cost and competitiveness of green hydrogen and the effects of the European Union regulatory framework

Engineering and Technology

Cost and competitiveness of green hydrogen and the effects of the European Union regulatory framework

J. Brandt, T. Iversen, et al.

Discover how new EU regulations on green hydrogen could impact production costs and emissions. This paper, explored by authors from leading institutions, evaluates electricity mix flexibility and transitional regulations, revealing potential cost savings and renewable energy maximization. Join the conversation on the future of green hydrogen!

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Playback language: English
Abstract
The European Commission's delegated acts supplementing the revised Renewable Energy Directive set a benchmark for green hydrogen classification. Controversy surrounds these regulations, with industry claiming increased production costs and NGOs alleging insufficient emission reduction. This paper quantifies the impact of these acts on green hydrogen production costs and renewable characteristics through various power purchase scenarios, considering factors like electricity prices and renewable energy availability. Results suggest that allowing unrestricted electricity mixes doesn't necessarily increase emissions and could significantly lower costs. Transitional regulations also offer similar cost reductions and high renewable electricity usage.
Publisher
Nature Energy
Published On
May 14, 2024
Authors
Jonathan Brandt, Thore Iversen, Christoph Eckert, Florian Peterssen, Boris Bensmann, Astrid Bensmann, Michael Beer, Hartmut Weyer, Richard Hanke-Rauschenbach
Tags
green hydrogen
European Commission
renewable energy
production costs
electricity prices
emission reduction
transitional regulations
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