Bonn (energate) - Short-term gas prices and input costs for conventional hydrogen fell last week. The background is the increased LNG imports into the EU and the absence of new developments regarding a Russian gas supply freeze. The cost prices for blue and grey hydrogen decreased significantly. Hydex "Blue" and Hydex "Grey" traded lower by 10 euros/MWh and 8 euros/MWh, respectively, at 167 euros/MWh (5.58 EUR/kg) and 164 euros/MWh (5.48 EUR/kg).
Driven by a decline in wind and solar feed-in towards the end of the week, short-term electricity prices remained almost unchanged on a weekly average. As a result, green hydrogen was only 1 euro/MWh (0.03 euro/kg) more expensive to produce than in the previous week. Hydex Green was quoted at an average of 273 euros/MWh (9.10 euros/kg). The competitiveness of green hydrogen compared to grey hydrogen decreased in a weekly comparison. The Hyspread "Green-Grey" increased by 9 Euro/MWh to 109 Euro/MWh (3.62 Euro/kg)
/Andreas Gelfort, E-Bridge Consulting
The hydrogen index Hydex is currently still cost-based and refers to the short-term production costs of three different technologies for the production of hydrogen, electrolysis (green), steam reforming with (blue) and without (grey) CO2 storage. It was developed by the consulting firm E-Bridge Consulting and appears weekly in energate's hydrogen briefing. You can also find the current status at: https://www.e-bridge.de
