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SAFER, SMARTER, GREENER

KEY FINDINGS FROM DNV GL’S RESEARCH PAPER: HYDROGEN IN THE ELECTRICITY VALUE CHAIN Green hydrogen to become competitive alternative by 2035, DNV GL study finds The main reasons for the economic feasibility of hydrogen between

2030 - 2050 Hydrogen produced from renewable energy will become an economic energy carrier to: 1. Complement electricity 2. Accelerate the decarbonization of industrial heat 3. Provide long-term storage solutions

3 KEY INSIGHTS

1 By 2035, the production of hydrogen from surplus electricity will compete with natural gas-based hydrogen production

are driven by 3 key developments:

1 THE COST OF ELECTROLYSERS WILL GO DOWN

3

PENALIZATION OF CARBON EMISSIONS

2 TIME PERIODS WHEN LOW OR ZERO COST PRICES FOR ELECTRICITY ARE AVAILABLE WILL INCREASE

2 Hydrogen is not the first investment option for using surplus renewable electricity

3 Production of hydrogen from electricity may become price setting by 2050

Download the full report at www.dnvgl.com/2019HydrogenReport

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INFOGRAPHIC: Hydrogen in the electricity value chain  

Key findings from DNV GL's research paper: Hydrogen in the electricity value chain

INFOGRAPHIC: Hydrogen in the electricity value chain  

Key findings from DNV GL's research paper: Hydrogen in the electricity value chain

Profile for dnvgl