WEMO24-Compiled Report-Interactive compressed (002) 4154-7882-8116 v.1 - Flipbook - Page 102
Focus hydrogen on hard
to abate industries
NEXT
ARTICLE
HOME
PREVIOUS
ARTICLE
Market price (willingness
to pay)(2024 conditions)
Regulatory /market deadline
to switch to green H2
Typical gap between market
price and production cost
Analysis of underlying
drivers
The national transposition of the RED directive imposes a share of renewables in fuels, on penalty
of a tax (in France, the TIRUERT). The renewable hydrogen used in refineries meets this obligation.
The market price is therefore calculated based on the price of grey hydrogen, CO₂ quotas and the tax
avoided thanks to the renewable hydrogen.
The Refuel EU Aviation regulation requires the use of an increasing proportion of e-SAF from 2030,
under penalty of heavy fines. This extra-budgetary mechanism limits the need for public support,
despite fuel costs being five times higher than kerosene.
€7-8/kg H2 (RFNBO)
Immediately
