The Hydrogen Stream: Hydrogen grid could cut Europe’s energy costs by 3.4%

Share

Technische Universität Berlin researchers say a hydrogen network connecting regions with low-cost renewable potential to demand centers, electrofuel production, and cavern storage sites in Europe could reduce system costs by up to €26 billion ($29.2 billion) a year. “The presence of a new hydrogen network can reduce system costs by up to 3.4%,” wrote the researchers. They say that between 64% and 69% of the hydrogen network could reuse gas pipelines and that expanding both the hydrogen network and the power grid would help meet net-zero emission targets, cutting costs by 9.9%, or €72 billion per year.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Waaree Energies receives EPD certification for solar panels
30 December 2024 The environmental certifications show Waaree’s bifacial mono PERC and TOPCon solar panels are designed to reduce environmental footprints.