European electrolyser pipeline hits 142GW – EQ Mag Pro
Green hydrogen could reach cost-parity with blue by 2030 in some European countries, says Aurora
Aurora’s global electrolyser database has identified a 142GW pipeline of electrolyser projects in Europe by 2030, which is more than the new EU pledge.
The Ukraine war has resulted in a sharp increase in gas prices, pushing up the cost of producing blue or grey hydrogen.
Aurora Energy Research estimates that green hydrogen costs will fall through the 2020s as a result of technology developments and maturation of the industry, reaching cost-parity with blue hydrogen in some European countries by 2030.
As a result of the war on Ukraine, the European Commission released the REPowerEU plan to reduce dependency on Russian gas.
The plan doubles the previous target of 40 GW hydrogen electrolysers by 2030 to now reach 75 GW by 2030.
Aurora found that current and planned electrolyser manufacturing capacity can meet Europe’s electrolyser target, yet it only satisfies two thirds of the global electrolyser pipeline planned for delivery by 2030.
Source: renews
