North Sea has big offshore hydrogen potential – DNV
Investment of €35–52bn into transport and storage infrastructure could enable hydrogen system costs of €4.69–4.97/kg
Producing hydrogen offshore and transporting it to land via pipeline is cheaper than transmitting offshore wind power for onshore production, which could make the North Sea a potential hydrogen production hub with enough infrastructure investment, says certification firm DNV. “What we see is that areas located over 100km from the coastline offer lower levelised costs of production. At this distance, it costs more per energy unit to transport electricity than to carry hydrogen via pipeline,” explains Claas Huelsen, regional advisory business development director for energy systems at DNV and co-author of the report. “At this distance, it costs more per energy unit to transport electrici
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