Analysis by Aurora Energy Research has concluded that renewable hydrogen imports to the European Union could compete with domestic production as soon as 2030.
Based on German modelling, the analysis revealed that hydrogen imports from Australia, Chile, and Morocco would be price competitive compared to domestic renewable hydrogen production by the end of the decade.
According to Aurora, the levelised cost of producing renewable hydrogen at feasible locations in Germany in 2030 ranges between €3.90-€5/kg ($4.24-$5.44/kg), when taking into account varying solar and onshore wind output across the nation, and only considering electrolytically produced hydrogen, connected directly to renewable assets.
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