A new study from the Fraunhofer Institute for Energy Economics and Energy System Technology IEE has analysed the economic effects on the European energy system of introducing offshore hydrogen production. The study considers the expansion of the German 70 GW buildout target of offshore wind and examines the economic effects by allowing offshore hydrogen production on two energy islands connected with 10 GW offshore wind each, compared to a scenario where all electricity from offshore wind farms is transported to shore and can be used within the German energy market without further restrictions.
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