Bonn (energate) - The tense situation and uncertainties surrounding the maintenance work and shutdown of Nord Stream 1 continue to drive up prices in the gas market. Short-term gas prices rose again significantly by 21 percent on a weekly basis. This also significantly increased the cost prices for conventional hydrogen. The Hydex "Blue" and Hydex "Grey" quoted on average 43 euros/MWh and 39 euros/MWh higher at 282 euros/MWh (9.39 euros/kg) and 270 euros/MWh (9.01 euros/kg), respectively, and thus increased by 18 percent compared to the previous week. Short-term electricity prices decreased by 22.92 euros/MWh compared to the previous week due to higher wind feed-in and were still high at an average level of 261 euros/MWh.
Green hydrogen was 33 euros/MWh (1.09 euros/kg) cheaper to produce than the previous week. The Hydex "Green" was quoted at an average of 393 euros/MWh (13.10 euros/kg). The competitiveness of green hydrogen compared to grey hydrogen improved repeatedly in a weekly comparison. The Hyspread "Green-Grey" decreased by 72 Euro/MWh to 123 Euro/MWh (4.09 Euro/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.
