The notion that the cost of green hydrogen will plummet to one or two dollars per kilo needs to be rethought and more realistic scenarios and pricing accepted.
The point was made by Air Products’ Director of Public Affairs for North-West Europe, Leiuwe Burger, speaking at the Wood Mackenzie Hydrogen Conference 2024 in London.
“A few years ago there was a strong belief in the cost of green hydrogen falling sharply based on economies of scale and technology improvements,” said Burger. “But that has not happened. We need to rethink that. The policies are still essentially the right ones, but the European Green Deal, for example, was based on assumptions around the cost of green hydrogen falling fast that are not playing out.”
Burger was participating in a panel discussion on the role of policy and regulations in enabling the deployment of low-carbon hydrogen, with other panel members including representatives from Shell and the e-NG developer TES, as well as UK government representation from Paro Konar, Director of Hydrogen and Industrial Carbon Capture for the UK’s Department for Energy Security and Net Zero.
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