Blue hydrogen is not a low-cost solution, with the projected cost of production 36% higher than 2021 UK Government estimates, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) finds.
The report, released on Monday (May 23), highlighted that continued investment in blue hydrogen would deepen the UK’s vulnerability to gas price volatility and supply uncertainty.
At a time where gas price and supply is already at high volatility, as Europe is scrambles to wean itself off Russian fossil fuels, the IEEFA calls into question continued support for blue hydrogen.
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