Working paper
Contrasting European hydrogen pathways: an analysis of differing approaches in key markets
- Abstract:
-
European countries approach the market ramp-up of hydrogen very differently. In some cases, the economic and political starting points differ significantly. While the probability is high that some countries, such as Germany or Italy, will import hydrogen in the long term, other countries, such as United Kingdom, France or Spain, could become hydrogen exporters. The reasons for this are the higher potential for renewable energies but also a technology-neutral approach on the supply side.
In the study “Contrasting European Hydrogen Pathways: An Analysis of Differing Approaches in Key Markets”, the Institute of Energy Economics at the University of Cologne (EWI), together with the Oxford Institute for Energy Studies (OIES), analysed what the economic and political parameters relevant to a future hydrogen economy look like in the six European countries Germany, France, the Netherlands, Italy, Spain, and the United Kingdom.Green hydrogen, produced by electrolysis using water and electricity from renewable sources, is favoured by the southern European countries – Spain and Italy. Both are characterised by a high potential for renewable energies, especially photovoltaics. Germany also relies exclusively on producing green hydrogen in its National Hydrogen Strategy.
France is taking a special path. Due to its large share of nuclear energy in the electricity mix, the country relies among other technologies on nuclear-based hydrogen. The advantage: It can be produced cost-effectively in times of low electricity demand. Although the long-term significance of nuclear energy in France is unclear, this approach could ensure a fast and cost-effective market ramp-up with hydrogen in the short- and medium-term.
In heavy industry, hydrogen could be of central importance for decarbonisation. However, future demand also depends heavily on the price. In this respect, import-dependent countries such as Germany, which will not have sufficient domestically produced hydrogen available in the foreseeable future due to limited potential for renewable energies, could be at a disadvantage.
- Publication status:
- Published
- Peer review status:
- Peer reviewed
Actions
Authors
- Publisher:
- Oxford Institute for Energy Studies
- Series:
- OIES paper
- Place of publication:
- Oxford
- Publication date:
- 2021-03-22
- Paper number:
- NG 166
- ISBN:
- 9781784671556
- Language:
-
English
- Keywords:
- Deposit date:
-
2021-03-22
Terms of use
- Copyright holder:
- Oxford Institute for Energy Studies
- Copyright date:
- 2021
- Rights statement:
- Copyright © 2021 Oxford Institute for Energy Studies (Registered Charity, No. 286084). This publication may be reproduced in part for educational or non-profit purposes without special permission from the copyright holder, provided acknowledgment of the source is made. No use of this publication may be made for resale or for any other commercial purpose whatsoever without prior permission in writing from the Oxford Institute for Energy Studies.
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