Offshore hydrogen production is a viable alternative to meet the future increase in European demand. A new study reveals that there is a potential of 300 TWh per year for hydrogen production in northern European waters, with a lower cost than land-based electrolysis. Find out how a hydrogen backbone in the North Sea and the Baltic Sea would connect six European countries, and how underground storage would optimize the supply chain.
Offshore hydrogen production appears to be a viable alternative to meet the future increase in European demand.
According to the new studySpecification of a European Offshore Hydrogen Backbone“, ordered by the operators GASCADE and Fluxys, there is a potential of 300 TWh per year for the production of hydrogen in the waters of northern Europe, not yet exploited.
The study analyzed whether hydrogen production could be a viable alternative for transporting the energy generated by offshore wind farms to land.
The panorama that emerges rewards certain options and reveals that offshore hydrogen production could be cheaper than onshore electrolysisas well as the transmission of electricity from wind farms to the mainland.
The potential for offshore hydrogen production is crucial to meet climate-neutral hydrogen demand which is expected to reach 2,000 TWh by 2050 in the European Union.
DNV estimates that it is possible to produce 300 TWh of hydrogen using electricity from offshore wind farms in the North Sea by 2050.
Ulrich Benterbusch, Managing Director of GASCADE
Distance of more than 100 km from the coast offers lower levelized production costs. According to Claas Hülsen, business development manager for the regional council for energy systems at DNV, at this distance, per unit of energy, it costs more to transport electricity than hydrogen.
Via www.dnv.com
