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Siemens Gamesa believes that wind energy-produced hydrogen could compete with fossil fuel produced hydrogen by 2030.
- Increased clean energy capacity is key to bringing down green hydrogen costs.
- Siemens Gamesa is developing a prototype offshore wind-powered hydrogen production system.
In a white paper released on Wednesday, Siemens Gamesa states that wind energy could produce hydrogen cheaper than those produced with fossil fuel by 2030. Green hydrogen (hydrogen free from greenhouse emissions) has been acknowledged as essential in the transition to affordable carbon-free energy industry. The paper adds that offshore wind could become cost-competitive by 2035.
The turbine maker notes that bringing down the cost of green hydrogen would only be possible if governments and the energy sector boost clean energy capacity. “Electrolysers and battery storage can be added to existing wind farms, and sites near places that demand hydrogen can also start to produce it, ” the white paper adds. Siemens Gamesa says it is accelerating the developing of a prototype system of offshore wind-powered hydrogen production in the next five years. The company also intends to develop the first industrial-scale wind-to-hydrogen plant afterwards.
Governments worldwide see hydrogen as an energy source for industries that are harder to electrify, like transport and heating, which are harder to electrify.