Expenses for electricity significantly influence the generation costs of green hydrogen. A large part of this, the EEG surcharge, is being abandoned as of 01/07/2022. This removes yet another barrier to the ramping-up of the hydrogen economy in Germany. In 2030, Germany hopes to achieve an electrolysis capacity of 10 GW and aims to become the world leader in this field as a result of joint European projects and joint investments in hydrogen technology. A prerequisite for a ramp-up of hydrogen technologies and the export of these technologies is resilient and sustainable domestic generation of hydrogen. The prices for electrolyzers, stacks and complete systems have fallen by 20% in the last 24 months due to scaling of the production process. Currently, most electrolyzers are series-produced. In 2030, potentially even 2025, green hydrogen will be able to compete with grey hydrogen from a price perspective. In addition to capital costs for the electrolyzer, the costs for purchasing electricity represent the highest share of the overall costs for the electrochemical generation of green hydrogen.
The EEG is an important element of energy billing – in addition to taxes, production costs and network fees. The discontinuation of the EEG surcharge makes the production of green hydrogen a more attractive option. Do you want to find out more about hydrogen and the advantages it offers? Write to us with any questions you may have and we will get back to you. Contact