This report “Reducing low-carbon hydrogen investment and operating costs” by Capgemini, EIT InnoEnergy aims to uncover the blockages standing in the way of low-carbon hydrogen cost reduction and mass adoption. There are several reasons for high cost: Difficulties in obtaining supplies of competitive low-carbon electricity, rising interest rates, and difficulties in finding partners – particularly EPC partners.
Key findings:
- Low-carbon hydrogen remains too expensive and uncompetitive compared with hydrogen produced from other sources
- Major players are encountering strong difficulties in developing low-carbon hydrogen projects at a competitive price
- Respondents stressed that regulatory and legislative environments are essential in making hydrogen more competitive in the years ahead
- In addition to external levers, there are several internal levers that can reduce low-carbon hydrogen costs
- Digital is not yet seen as a key enabler in reducing hydrogen cost and carrying out projects at scale, but it has great potential
- Innovation is an underrated lever that needs to be activated to deliver game-changing impacts
Access the complete report here
