Recording of Wednesday, June 19, 2024 | The smarter E Europe 2024 | Exhibition Program | Language: English | Duration: 12:14 .

Hydrogen Project Auction Reveals Trends and Challenges in Green Hydrogen Production and Market Willingness to Pay

The discourse elaborates on the challenges and progress in evaluating and promoting green hydrogen production across various countries. Currently, data from regions providing minimal bits (three to seven) are not wholly representative of local costs but offer preliminary insights. Notably, more detailed data from Germany and Spain indicate a clearer understanding of current project costs for producing green hydrogen. A critical aspect is the timeline for operational readiness. Encouragingly, over half of the projects are projected to be ready within three years despite a five-year deadline set previously; this suggests high maturity levels among applicants. Upcoming auction designs will likely reduce this maximum realization time after stakeholder consultations. Technologically, alkaline and PEM electrolyzers dominate due to cost-effectiveness compared to SOECs suited for specific industrial applications requiring steam or heat sources. Interestingly, combining both technologies lowers average levelized cost by leveraging cheaper base load benefits with flexible ramping capabilities.

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Speaker

Johanna Schiele
Policy Officer
European Commission
Belgium

Talk of session: The European State of Play in the Emerging Hydrogen Sector

The hydrogen economy starts to take form. Prompted by the industry, policymakers have responded by establishing the hydrogen bank, securing initial contracts for differences, a start to be continued, highlighting at the same time the urgent need for a new European infrastructure. The European Hydrogen Backbone is an initiative to think European and allow regions to act locally, bringing together the full play. However, change is implmented by people, and this new sector of the economy demands skilled workforce. The hydrogen academy aims at offering transition paths to this new promising sector.

Further Talks of this session:

Welcome by the Organizer

Speaker

Olivier Bucheli
President
European Electrolyser & Fuel Cell Forum
Switzerland

To Talk

Boosting the Creation of a Liquid European Market for Clean Hydrogen

Speaker

To Talk

H2 Import Alliance for Bavaria (HIBB) and Hydrogen via the South H2 Corridor

Speaker

Klaus Sehling
Commercial Management Business Development
VERBUND Green Hydrogen GmbH
Germany

To Talk

Trends and Progress in Hydrogen Project Development

Speaker

To Talk