As consumers struggle to keep up with rapidly rising energy costs, a new report has warned that using hydrogen as a fuel to heat homes and water instead of gas could double bills in Europe.
Despite being seen by many as a potential substitute to fill the gap that will be left as fossil gas is phased out, a new report commissioned by international NGO, Global Witness has predicted that hydrogen could double energy bills.
Produced by Element Energy, the report suggests that even by 2050, based off an average home with consumption of 12,700kWh per year, it would cost an average of €1,580 for a medium-sized house to be heated by hydrogen, double the average price of heating the same sized property with gas at the end of 2021.
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