“Future electricity prices based on hydrogen and ammonia”

Power generation using hydrogen and ammonia as raw materials is attracting attention as an important option for achieving carbon neutrality. However, at present, the cost is very high compared to fossil fuels, and many challenges remain for commercialization. Hydrogen and ammonia power generation is expected to be introduced at a ratio of about 1% in the power supply mix in 2030, but the supply cost will need to be reduced. Japan’s government plans to reduce the cost of hydrogen supply from the current 100 yen/Nm³ to 30 yen/Nm³ by 2030 and to below 20 yen/Nm³ by 2050, but this is still a building of castles. In addition, in the long term, a support system for the spread of hydrogen and ammonia will be established, and a mechanism to compensate for the price difference will be introduced, but I don’t think the impact on electricity rates will be suppressed.

However, if a one-stop process from CO2 absorption to fixation is used, the power generation cost will be lower than the current situation.