Can demand for green fertiliser accelerate electrolytic hydrogen supply?
A new policy brief by Cambridge Econometrics and the University of Exeter reveals that current hydrogen policies are insufficient to meet global hydrogen ambitions, highlighting the need for additional policies to kickstart global green hydrogen production.
Using a new economic model which simulates the deployment of hydrogen production technologies in response to different policy levers, our team explored the impacts of a global mandate for green ammonia for use in fertilisers and a global carbon price on all hydrogen production.
Modelling results revealed that even with these additional stringent policies, green hydrogen is only cost competitive in some world regions where there is access to low-cost renewables.
