Harvard University researchers say hydrogen costs are underestimated due to unaccounted for storage and distribution variability across sectors, while Kore Infrastructure has told pv magazine that it aims to reach a level of hydrogen (LCOH) between $1/kg and $2/kg.
Harvard University Researchers have found that potential hydrogen costs are significantly underestimated because most scenarios do not account for storage and distribution costs and their variability across sectors. “At current delivered prices, green hydrogen is a prohibitively expensive abatement strategy, with carbon abatement costs ranging from $500 to $1,250 per tonne of CO2 across sectors,” the researchers said in their studythat was published in Joule. “Even if production costs fall to $2/kg, low-cost carbon opportunities remain in sectors that already use hydrogen, such as ammonia, unless storage and distribution costs also fall.”
Korea infrastructure has told pv magazine That it aims to produce 20,000 tonnes of hydrogen by 2030 and expects its LCOH to range between $1/kg and $2/kg. Kore’s slow pyrolysis technology heats biomass to 1,000 F (537.8 C) without oxygen, allowing hydrogen, oxygen and carbon in the biomass to react and form a biogas. This biogas consists mainly of hydrogen, methane, carbon monoxide and carbon dioxide, with a heat value about half that of natural gas. The company plans to launch its first commercial hydrogen production plant in 2024, using organic waste as feedstock in a closed-loop process.
Masdar has signed agreements with three Norwegian companies to explore green hydrogen opportunities. It has signed a deal with ICP infrastructure, an infrastructure fund manager backed by Aker Group, to explore partnership and investment opportunities in green energy infrastructure in Europeincluding potential collaborations in renewable energy sources in the Nordics. A second agreement signed with Aker Horizons Asset Development, will explore joint development and investment options along the value “Power-to-Green-hydrogen” value chain. Masdar also signed an agreement with Yara to explore cooperation and investment options along the value chain “Power-to-Green-Amammonia”.
Korea Hydropower and nuclear energy (KHNP) has signed an agreement Czech Hydrogen technology platform (HYTEP) for “nuclear Development of clean hydrogen technology and business cooperation, technology development and business support in other hydrogen fields; and improving hydrogen policy and regulations and information exchange.” The two companies have also agreed to jointly build clean hydrogen infrastructure and develop hydrogen technology in Europe.
Uniper and Sasol have reportedly canceled their 200 MW hydrogen-based sustainable aviation fuel (SAF) project in Sweden. Similarly, McPhy also recently scrapped a 24 MW Green Hydrogen project, just seven days after announcing it, according to media reports.
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