A recent study by Energy Link has suggested hydrogen storage could be the best option to fully decarbonise New Zealand’s electricity system.
The Hydrogen Storage as a dry-year solution report found, when compared against a pumped hydro solution in Lake Onslow, New Zealand and overbuilding of renewables, hydrogen storage’s results proved it would achieve the lowest wholesale electricity prices and least price volatility
According to the report, hydrogen storage also has benefits such as phase developments, which can make the best use of existing assets and infrastructure, as well as supporting decarbonisation beyond the electricity system.
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