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Siemens looks to wind to bring down costs of green hydrogenGlobal technology supplier Siemens is all-in on green hydrogen, and as the G7 prepares to meet in the United Kingdom, it has launched a timely white paper on bringing costs down by the 2030s.It has pointed to the rapid pace at which wind power has become cost competitive (according to Siemens, renewables are now the cheapest new energy sources to build across two-thirds of the world) to chart a path forward for green hydrogen.This, of course, is the model being trialled by Siemens at its Brande Hydrogen project in Denmark, which couples an existing onshore Siemens Gamesa wind turbine with an electrolyser stack.Talk about pumping your own tyres.Siemens believes green hydrogen of this type could reach parity with fossil fuel projects by 2030 onshore and 2035 offshore, estimating about 2GW and 10GW of capacity respectively would provide the scale required.
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