Browsing: Analysis

The global push for renewable hydrogen is well underway, with hydrogen electrolyzers at the forefront of this green revolution. In Europe, the development of these electrolyzers is integral to the Net-Zero Industry Act, a significant part of the EU’s green industrial policy. However, the landscape of this emerging industry is far from settled, with Europe, China, and the United States vying for supremacy in electrolyzer technology.

A recent study conducted by the renowned Fraunhofer Institute has cast a shadow of uncertainty over the financial viability of green hydrogen production in Germany. The study highlights the predominant factor behind this conundrum: exorbitant production costs, particularly arising from electricity sourced from photovoltaic and wind power plants.