Blending interventions to achieve green hydrogen cost competitiveness for industrial decarbonisation
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Published version
Author(s)
Type
Journal Article
Abstract
Industrial decarbonisation can be supported by green hydrogen as a fuel and feedstock, but its cost remains too high to compete with natural gas. In this study, the achievement of cost competitiveness for green hydrogen is examined through a combination of internal interventions, including the reduction of electrolysis costs via waste heat sales to district heating networks and the use of curtailed wind, alongside external interventions such as market-based policies and sustainability-linked bonds. A novel temporal market penetration assessment model has been developed and applied to evaluate the impact of these interventions, both individually and in combination, on achieving cost parity. The methodology has been implemented in a UK case study to assess these dynamics within the energy landscape and policy framework. The findings indicate that cost reductions of 17.5 % can be achieved through hydrogen from curtailed wind, while waste heat utilisation contributes a 24.7 % reduction. Existing policy measures are found to have the potential to lower costs by 39 %. A total cost reduction of 78 % is observed when interventions are blended, with green hydrogen from curtailed wind projected to reach cost parity with natural gas by the mid-2030s under high natural gas price scenarios. The feasibility of blended interventions in facilitating the industrial adoption of green hydrogen is thereby demonstrated.
Date Issued
2025-07-03
Date Acceptance
2025-03-29
Citation
International Journal of Hydrogen Energy, 2025, 144, pp.1343-1357
ISSN
0360-3199
Publisher
Elsevier
Start Page
1343
End Page
1357
Journal / Book Title
International Journal of Hydrogen Energy
Volume
144
Copyright Statement
© 2025 The Authors. Published by Elsevier Ltd on behalf of Hydrogen Energy Publications LLC. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/).
License URL
Identifier
10.1016/j.ijhydene.2025.03.420
Publication Status
Published
Date Publish Online
2025-04-12