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Seas of Opportunity: Economics of Hydrogen from Offshore Wind Co-location

By July 20, 2023July 25th, 2023Public, Webinar Recording, Europe, Hydrogen

Following from our “Shades of Green” report series released in June 2021 and January 2022 on the cost of producing hydrogen from electrolysers, we are expanding the analysis to cover co-location with offshore wind energy in Europe. In our public webinar, which took place on 13th July, we compared the economics of producing hydrogen offshore and transporting via pipelines vs producing onshore by transporting power via cables.

This public webinar addresses the following questions:

  • How does the levelised cost of hydrogen of a co-located island business model evolve? Which countries achieve the lowest costs?
  • What is the optimal size of an electrolyser with respect to the renewable asset in a co-location setup? How do countries compare?
  • Where does it make economic sense to produce hydrogen? Is it cheaper to transport hydrogen or electricity to the shore?


If you have any questions regarding this webinar or our European Hydrogen offering or would like access to the webinar slides, please reach out to Alex Hutcheson.

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