{"id":119685,"date":"2023-12-19T09:10:04","date_gmt":"2023-12-19T07:10:04","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/making-sense-of-green-hydrogen-costs-and-recent-market-developments-in-europe\/"},"modified":"2023-12-19T09:10:04","modified_gmt":"2023-12-19T07:10:04","slug":"making-sense-of-green-hydrogen-costs-and-recent-market-developments-in-europe","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/fi\/news\/making-sense-of-green-hydrogen-costs-and-recent-market-developments-in-europe\/","title":{"rendered":"Making sense of green hydrogen costs and recent market developments in Europe"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/\" method=\"post\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button \" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/fi\/wp-json\/wp\/v2\/posts\/119685\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\nGreen hydrogen projects going online by 2030 may face costs up to twice as high as anticipated until recently. At the same time, recent auction results have demonstrated surprisingly low support requirements. What are the possible explanations? Andrea Dertinger, Agustin Roth, Bastian Lotz and Matthias Schimmel are experts with Guidehouse, a global management consultancy advising energy providers, corporations, and the public sector.<\/p>\n<p>In 2022, the global economy experienced rampant inflation, rising interest rates and a consequent increase in the cost of capital. As a result, leveraging debt for capital-intensive renewable energy and hydrogen projects has become increasingly difficult, risky, and expensive. Simultaneously, projects face higher labour costs and raw materials sourcing issues, resulting in upward revisions of costs and, in some cases, even project cancellations.<\/p>\n<p>At the same time, the higher cost of capital has increased electrolyser equipment prices globally. In 2022, capital cost for electrolyses ranged between 1,590\u20ac per kilowatt (kW) for alkaline water electrolysis and 1,758\u20ac\/kW for proton exchange membrane electrolysis (PEMEL). This represents a 9% year-on-year increase compared to the costs registered in 2021. Europe also experienced a substantial increase in electricity prices since mid-2021, driven mainly by surging natural gas prices following Russia\u2019s invasion of Ukraine.<\/p>\n<p>This led to increased renewable energy sourcing costs \u2013 the single most significant cost component of green hydrogen \u2013 especially for electrolysers sourcing renewable electricity via the grid.<\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.eceee.org\/all-news\/news\/news-2023\/making-sense-of-green-hydrogen-costs-and-recent-market-developments-in-europe\/\">ECEEE<\/a> <\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/vaufien\/making-sense-of-green-hydrogen-costs-and-recent-market-developments-in-europe\/\">Making sense of green hydrogen costs and recent market developments in Europe<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[503,696,970,623,1561,606,607,608],"class_list":["post-119685","post","type-post","status-publish","format-standard","hentry","category-news","tag-costs","tag-europe","tag-green","tag-hydrogen","tag-market","tag-vau_viikkokatsaus","tag-vauen","tag-vaufien"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/119685","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/comments?post=119685"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/119685\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/media?parent=119685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/categories?post=119685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/tags?post=119685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}