Baringa Partners highlights Texas hydrogen export potential

In the UK, PE Media Network reported that Texas has the potential to become a “hydrogen export powerhouse” with the ability to supply Europe at highly competitive prices, according to London-based consultants Baringa Partners.

According to the report, hydrogen projects in Texas could benefit from an electrolyser load factor of 70pc, based on hybrid wind and solar projects, to produce green hydrogen with support from tax credits available under the Inflation Reduction Act (IRA), Molly Iliffe, global head of hydrogen at Baringa, told the FT Hydrogen Summit in London.

“If it is converted to ammonia and transported into the port of Rotterdam, it is less than half of the price of hydrogen produced from offshore wind in the UK,” Iliffe said.

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