Five policies to make green hydrogen affordable in Europe - for just €24bn per year

With the EU carbon price sat at record highs of around €50/ton, the authors of a report into the policies needed to drive a clean hydrogen economy in Europe say the storage medium won't compete with its fossil fuel powered version even if carbon allowances cost four times that level.Privately-funded German thinktank Agora Energiewende and U.S.-based management consultant Guidehouse have spelled out five policies needed to make green hydrogen cost competitive, albeit at an investment price of €10-24 billion per year for the rest of the decade. With Agora Energiewende executive director Patrick ...

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