europe
Bcg The result is suggested Only 3 %of the EU industrial consumers who participated in the survey will promise to escape the contract that exceeds five years. This is because it is not clear whether the member states will often proceed with the risk of reducing the cost of climate behavior and competitiveness.
Some production of low carbon and regenerated hydrogen necessary In order to eliminate hydrogen supply raw materials and some types of energy demand, the difference is maintained between the price that the producer can provide hydrogen and the price that consumers are willing to pay.
It still costs a lot
Carbon capture and isolation (CCS) and hydrogen production pairing Double the priceThe cost of renewable hydrogen is double.
Nevertheless, they are ambiguous estimates as technical and economic dangers related to the deployment of two forms of hydrogen. Energy strength, efficacy and reproduction are still difficult to damage the trust in CCS and to supply green electricity to recyclable hydrogen.
EU policy makers Hydrogen bank In order to collect public funds and mobilize personal capital, we will fill the gap between low -carbon production costs and renewable hydrogen production costs and price buyers will be willing to pay. As the Red III specified, combined with the quota of each category set by the member states, it provides a lift for technology, but experts tend to agree that this is still far enough.
The British government Hydrogen production business model. The approach of the EU and the UK provides support for this sector, but its size is not a goal and resource assigned by major global economic rivals, such as the United States or China.
Despite the fact that Europe’s industrial policy has regularly emphasized its importance, the demand for European hydrogen is insufficient. Dragi reportfor example).
Backup
The EU and the European government have delivered tremendous resources to national champions such as ITM power in the UK or Germany’s Sunfire and Siemens Energy, but the headwinds as a global electromagnetic manufacturing capacity are as follows. prediction It will doubles over demand by 2030.
Therefore, there is depression in the sector as the management pointed out the fingers as a buyer, policymaker and fierce competition.
A wider problem is that it opens a way for the expansion of fossil fuel -based energy systems that are released from hydrogen consumers and green hydrogen producers.
Petroleum and gas companies were eager Please suggest Although it is relevant to energy conversion and net zero energy system, hydrogen as a hydrogen as a solution as a solution that has reduced ambition due to lack of energy security, insufficient public support and lack of long -term off -take contracts.
The most prominent Norwegian Equinor recently Backup As part of billions of euros projects, low -carbon fossil hydrogen is developed and provided to Germany. Shell is A Similar decision also.
Alternative
Even if this is paired with the CCS, depending on fossil gas is not a desirable choice for my mind, but the lack of investment in this field of recyclable hydrogen difficulties opens up a continuous dependence on unleashed fossil gas.
Petroleum and gas companies have limited incentives to take hydrogen -related risks because selling fossil gas to Europeans has never been advantageous and welcomed by politicians according to European pivot from European imports.
Management continues to talk with policy makers and potential hydrogen buyers, and some projects develop (eg, British HUMBER), but the overall speed of growth in this sector is far from being polite to the tenants and politicians a few years ago.
The wide ambitions and passion that oil and gas companies delivered toward hydrogen have been replaced by the state waiting for the state to start energy and financially support.
In the atmosphere
The fact that public funds establish and maintain social systems that will be delivered to oil and gas companies are the mains of the world’s heating, but it is the main of the world heating, but it is a social system that can develop technology that continues to extract assets. There is a depth problem.
Therefore, the need for hydrogen and the discourse of the future hives were abundant, but as the market of energy carriers should be established, it seems that it does not seem to accept the risks necessary to expand the technology according to the preliminary setting goal.
The buyer is waiting for subsidies and regulatory stability, and the producer is waiting for a long -term promise and the state to provide sufficient funds for project development, while policymakers point out that the government’s lack of funds support.
Hydrogen may be an essential component of the bulletproof energy system, but the largest advocates do not risk investing in each technology, so they need to question whether the necessary degree and supply is not green.
This author
John Szabo is a colleague of Hun-Ren’s economy and regional research centers and is a colleague of DIW Berlin. His study focuses on energy society Nexus, especially in the context of energy conversion.
