Hydrogen Economy

Power Vacuum – Credits Need To Rise Or Everything Will Stall
July 25, 2023
This Week:
Next Week:

C-MACC Hydrogen Weekly Update 4

Power Vacuum – Credits Need To Rise Or Everything Will Stall

Key Points

  • Affordable green hydrogen at scale will currently have to wait for affordable surplus renewable power at scale, suggesting that the industries could evolve in series, which will take many years.
  • For electrolyzer technology and costs to evolve more quickly, green hydrogen and renewable power need to evolve in parallel, and for that incentives should change to drive electrolyzer development.
  • Offering 45V (or equivalent) for electrolyzer-based hydrogen on any power source today – phasing in green power over time – see chart – would step change green hydrogen investment immediately.
  • We look at sub-scale green ammonia plans and note that these are high costs and will require high prices – it is not yet clear how much higher-priced ammonia demand there will be.
  • We continue to question how low-carbon power can evolve at the pace some consumers are looking for without a much more sensible focus on nuclear, hydro, and natural gas with CCS.

Announcing an upcoming session led by C-MACC at the World Chemical Forum – Panelists to be announced

Client Login

Learn About Our Subscriptions and Request a Trial

Contact us to gain full access and experience our services!

Request a Free Trial


Hydrogen Service

This report is accessible with a hydrogen service subscription and included in our full subscription service.

Sign-up below to participate in a trial to receive the hydrogen weekly reports and explore the best way to partner with us!

The C-MACC Way

Our subscription model is integrated with consulting time,
making it the most well-rounded comprehensive
market analysis consulting service in the covered sectors.