Technology readiness & techno-economic feasibility study for three hydrogen value chains
The goal of the analysis was to assess whether alternative value chains for the provision of hydrogen, such as Iron-to- Hydrogen, are useful to consider, alongside more conventional options such as domestic hydrogen production in Germany (through electrolysis) or hydrogen import through ammonia as a hydrogen carrier. Three different value chains were assessed on their technology readiness, levelized costs for providing back-up power to the German grid, and their overall practicality in a SWOT analysis.
DNVs assessment concludes that Iron-to-Hydrogen is a potentially cost-effective and safe option for sourcing green hydrogen for Germany’s back-up power plants. It is advisable to consider this option in addition to other hydrogen sourcing routes.