A recent study, delving into over 50 scientific publications, raises serious questions about the profitability and efficiency of green hydrogen compared to its alternatives.
Europe has strategically embraced green hydrogen as a primary alternative in its energy transition efforts, aiming to replace gas in homes and forge significant trade agreements with American countries, particularly Chile.
The study, published in Cell Reports Sustainability, critically examines the profitability of green hydrogen and delivers a verdict that challenges the prevailing narrative. Contrary to widespread belief, the research concludes that green hydrogen is not only more expensive but also less efficient when compared to electric heat pumps, particularly in the context of replacing gas boilers.
The findings of the study have ignited a debate within scientific and environmental circles, prompting a critical look at the viability of green hydrogen as a panacea for the energy transition. Alejandro Tena, in his recent publication “Science Punctures the Green Hydrogen Bubble” on Medium Publico.es, sheds light on the contentious aspects of green hydrogen technology.
The economic challenges posed by green hydrogen come to the forefront as the study challenges its profitability. As Europe invests significantly in this alternative, the need to evaluate its economic feasibility becomes paramount, especially when weighed against existing alternatives.
This study serves as a reality check for the green hydrogen enthusiasts and policymakers alike. As the world grapples with the urgency of transitioning to cleaner energy sources, it becomes imperative to scrutinize the true cost and efficiency of green hydrogen production.