Related Articles
Natural gas prices have spiked in Europe
Forward article link
Share PDF with colleagues

Aker’s green hydrogen costs at parity with grey

Norwegian company expects FID on two projects in second half of next year

Aker Clean Hydrogen says some of its Norwegian projects have achieved green hydrogen costs of $3.5-4.5/kg, putting them at parity with grey hydrogen. Aker says green hydrogen has a clear path to competitiveness by 2030, with grey hydrogen costs rising faster than previously anticipated on the back of rising prices for carbon and natural gas, the latter of which has spiked recently. "Some of our Norwegian projects under development show hydrogen cost levels of $3.5-4.5/kg. In the current market environment, with very high gas prices, this matches the cost levels for grey hydrogen," says Knut Nyborg, CEO of Aker Clean Hydrogen. Gas prices in Europe have hit record levels in recent weeks, dr



{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Energy transitions for a sustainable future
1 December 2021
The challenge of meeting global energy demand while hitting net-zero targets will be at the core of this year’s World Petroleum Congress
The six pillars of hydrogen policy
1 December 2021
Lobby group the Hydrogen Council outlines the key policy elements needed to unlock clean hydrogen investment
Hiiroc turquoise hydrogen technology secures funding
30 November 2021
Technology based on thermal plasma electrolysis well positioned for commercialisation, says firm
Sign Up For Our Newsletter
Project Data
PE Store
Social Links
Social Feeds
Featured Video