Bonn (energate) - Due to the persistently cooler temperatures as well as the lower wind feed-in, the short-term electricity markets were largely unchanged last week. As a result, the production costs for green hydrogen changed only insignificantly. Hydex 'Green' was quoted at an average of 215 €/MWh (7.18 €/kg). Gas markets softened somewhat last week despite low temperatures and increased demand. Reasons are the stable supply of LNG, high Norwegian imports and the still well-filled storage facilities. Short-term gas prices fell by 6 per cent on a weekly basis.
This also reduced the cost prices for producing conventional hydrogen compared to the previous week. The Hydex 'Blue' and the Hydex 'Grey' each decreased on average by 5 €/MWh (0.18 €/kg) to 100 €/MWh (3.35 €/kg) and 103 €/MWh (3.45 €/kg), respectively. Green hydrogen was again less competitive than conventional hydrogen last week. The Hyspread 'Green-Grey' traded at an average of 112 €/MWh (3.73 €/kg) and thus 5 €/MWh (0.17 €/kg) higher than in the previous week.
/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
