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The Swedish government made a viability study on green hydrogen a years ago, which is public as all other government papers are. The cost estimate was around 10
by belorn 5y ago
The Swedish government made a viability study on green hydrogen a years ago, which is public as all other government papers are. The cost estimate was around 100 times that of burning natural gas, or about 10 times higher than nuclear. It has potential if it can fall in prices, but so far it has not. The study also referenced German studies with similar findings.
It is so economical nonviable that there isn't even small scale experiments to get the ball running as a storage medium. There is however some bright spots for green hydrogen when hydrogen itself can be used. Green hydrogen is only a few times more expensive than using fossil fuel in order to create hydrogen, and in that situation green hydrogen has found a place. It also reduces those industries CO2 emissions which can then be turned into profits in terms of trading existing emissions rights. As fossil fuels prices goes up, the economical viability of green hydrogen in hydrogen using industries goes up, but the price compared to nuclear remain the same.