Bonn (energate) - Compared to the previous week, gas prices eased somewhat. Warmer temperature forecasts and higher gas flows from Russia were the main reasons. The Russian oil embargo announced by the EU only had a short-term price-supporting effect. Short-term gas prices decreased by 4 per cent compared to the previous week. The lower gas prices also reduced the cost prices for blue and grey hydrogen. The Hydex "Blue" and Hydex "Grey" were quoted 5.00 euros/MWh and 4.00 euros/MWh lower at 169 euros/MWh (5.62 euros/kg) and 166 euros/MWh (5.54 euros/kg) respectively.
There were hardly any changes on the short-term electricity markets on a weekly basis. With wind feed-in still low and solar feed-in stable, electricity prices fell by about 3 per cent on a weekly average. As a result, green hydrogen was 10.00 euros/MWh (0.33 euros/kg) cheaper to produce than in the previous week. Hydex Green was quoted at an average of 319.00 euros/MWh (10.64 euros/kg). The competitiveness of green hydrogen compared to grey hydrogen decreased somewhat in a weekly comparison. The Hyspread "Green-Grey" fell by 6.00 euros/MWh to 153.00 euros/MWh (5.10 euros/kg). /
Andreas Gelfort, E-Bridge Consulting
The Hydex hydrogen index 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. The current status can also be found at: https://www.e-bridge.de.