Subscriber Webinar

TUESDAY 27 JUNE 2023 | 10:30–12:00 CEST

Seas of opportunity: Economics of hydrogen from offshore wind colocation

Co-location of electrolysers with renewables can provide cheap renewable hydrogen in many European countries by 2030. According to our global electrolyser database, wind energy is the most popular power source in Europe, both in terms of the number of projects and the total capacity. Although offshore wind is specified only in a few projects, it makes an important contribution to the overall pipeline. Due to shallow water and high wind speeds, the North Sea offers great potential for offshore wind energy, especially for renewable hydrogen production.

Following 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. We will compare the economics of producing hydrogen offshore and transporting via pipelines vs producing onshore by transporting power via cables.

This subscriber webinar will address 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 consumer?


Subscribers Only

This session is for GB Power Market and GB Renewables subscribers only.


Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.