Adi Bhashyam
@abhash.bsky.social
Head of Europe Research at BloombergNEF (@bloomberg.com). All views are my own.
🇦🇹🇮🇳 based in 🇬🇧
🇦🇹🇮🇳 based in 🇬🇧
Reposted by Adi Bhashyam
In a nutshell, a green gases quota ("Grüngasquote") mandates an increased share of "green gases" (which need to be defined) to be sold in the covered sectors. The basic idea is that this ramps up to 100% eventually, perhaps like this.
March 13, 2025 at 8:52 AM
In a nutshell, a green gases quota ("Grüngasquote") mandates an increased share of "green gases" (which need to be defined) to be sold in the covered sectors. The basic idea is that this ramps up to 100% eventually, perhaps like this.
I’m surprised by this. Tube trailer transport is expensive but would usually expect $1-3/kg for usual distances. What distance is this for and does this not also include additional costs due to underutilization of the supply chain?
December 14, 2024 at 3:16 PM
I’m surprised by this. Tube trailer transport is expensive but would usually expect $1-3/kg for usual distances. What distance is this for and does this not also include additional costs due to underutilization of the supply chain?
The European Hydrogen Bank subsidy is essentially a top-up and won’t close the cost gap fully which means subsidy winners are reliant on offtakers to pay the premium for green H2
December 12, 2024 at 1:48 PM
The European Hydrogen Bank subsidy is essentially a top-up and won’t close the cost gap fully which means subsidy winners are reliant on offtakers to pay the premium for green H2
climate.ec.europa.eu
December 12, 2024 at 12:29 PM
"A price ceiling will apply to the Member State supply of projects bidding, expressed as a factor of three times the price of the last project awarded Innovation Fund support that is not from that same Member State. This approach will avoid
strategic bidding..."
strategic bidding..."
December 12, 2024 at 12:29 PM
"A price ceiling will apply to the Member State supply of projects bidding, expressed as a factor of three times the price of the last project awarded Innovation Fund support that is not from that same Member State. This approach will avoid
strategic bidding..."
strategic bidding..."
December 12, 2024 at 11:57 AM
If true thats a very stupid reason. The European Hydrogen Bank auction had a bid ceiling of €4.5/kg to qualify. Of course German projects will need more subsidy than projects in Iberia and the Nordics where subsidy bids were all <€0.50/kg.
December 12, 2024 at 11:56 AM
If true thats a very stupid reason. The European Hydrogen Bank auction had a bid ceiling of €4.5/kg to qualify. Of course German projects will need more subsidy than projects in Iberia and the Nordics where subsidy bids were all <€0.50/kg.
Summary of Denmark’s industrial decarb strategy lately
December 10, 2024 at 2:03 PM
Summary of Denmark’s industrial decarb strategy lately
Yeap where there is a clear alternative, H2 use won’t make much sense.
But part of this is also accepting that industrial decarbonization where H2 is needed won’t be cheap. Investing in some high-cost domestic H2 production could still be justified from a resilience perspective imo.
But part of this is also accepting that industrial decarbonization where H2 is needed won’t be cheap. Investing in some high-cost domestic H2 production could still be justified from a resilience perspective imo.
December 10, 2024 at 11:59 AM
Yeap where there is a clear alternative, H2 use won’t make much sense.
But part of this is also accepting that industrial decarbonization where H2 is needed won’t be cheap. Investing in some high-cost domestic H2 production could still be justified from a resilience perspective imo.
But part of this is also accepting that industrial decarbonization where H2 is needed won’t be cheap. Investing in some high-cost domestic H2 production could still be justified from a resilience perspective imo.
Part of this is driven by the high green hydrogen production cost in Europe.
Even with a 30% energy penalty, imported green ammonia cracked to hydrogen could be cheaper than local green H2 production in Germany.
Even with a 30% energy penalty, imported green ammonia cracked to hydrogen could be cheaper than local green H2 production in Germany.
December 10, 2024 at 10:43 AM
Part of this is driven by the high green hydrogen production cost in Europe.
Even with a 30% energy penalty, imported green ammonia cracked to hydrogen could be cheaper than local green H2 production in Germany.
Even with a 30% energy penalty, imported green ammonia cracked to hydrogen could be cheaper than local green H2 production in Germany.
Agree. Layering subsidies does not necessarily mean its a bad project.
IRA credits just seem to make some “interesting” business models work too.
IRA credits just seem to make some “interesting” business models work too.
December 7, 2024 at 8:59 AM
Agree. Layering subsidies does not necessarily mean its a bad project.
IRA credits just seem to make some “interesting” business models work too.
IRA credits just seem to make some “interesting” business models work too.
Good chart! But numbers seem off. For example, Air Products does not have binding agreements for the supply of 0.66 Mtpa, its probably closer to 20% of that.
December 5, 2024 at 9:52 AM
Good chart! But numbers seem off. For example, Air Products does not have binding agreements for the supply of 0.66 Mtpa, its probably closer to 20% of that.
Reposted by Adi Bhashyam
Wait are we all denying being journalists? I can do that too, but I do think 'analyst' is a lot like 'journalist with some spreadsheets'.
December 4, 2024 at 12:49 PM
Wait are we all denying being journalists? I can do that too, but I do think 'analyst' is a lot like 'journalist with some spreadsheets'.