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Related Articles
US confirms early sunset for hydrogen tax credits
Race is on to meet end-2027 deadline for 45V as Congress passes One Big Beautiful Bill Act
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Defining moment for US hydrogen sector as House Republicans seek termination of green tax credits
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Speakers at this year’s CERAWeek conference noted the growing interest in green hydrogen, but hurdles such as cost remain to its adoption at scale
Hy24 enters North America with StormFisher investment
Leading European hydrogen investor commits $50m to green fuels developer amid continued uncertainty over US renewables policy
US hydrogen industry may ultimately benefit from Trump
Sector awaits clarity on tax credits and loan programmes amid mixed signals from the Trump presidency
Hydrogen Market Databook 2025: North America
Both the US and Canada have ambitious plans for their hydrogen sectors
Letter on hydrogen: Doubling down in Davos
Clean hydrogen sector has enough traction globally to ride out a period of policy uncertainty under the Trump administration
US finalises hydrogen tax credit rules
A greater number of projects will be eligible for 45V tax credits following a long period of industry consultation
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With a new president and new Congress imminent, attention must turn to the next stage of hydrogen development
The US targets $1/kg green hydrogen by 2030
US Electrolysers
Ros Davidson
8 November 2021
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Green hydrogen could fall under $2/kg by 2025 – RMI

Cost of fuel will drop as electrolyser manufacturing is standardised and gains economies of scale

Low-cost green hydrogen can be achieved faster and with lower deployment volumes than currently expected, according to thinktank the Rocky Mountain Institute (RMI). Green hydrogen production costs could fall below $2/kg in many areas in the next five years, RMI says in a new report, Fuelling the Transition: Accelerating Cost-Competitive Green Hydrogen. For offtakers which can accept a fluctuating hydrogen supply, an estimated $1/kg could be achieved due to reduced storage requirements, the report says. The Biden administration set a goal to produce hydrogen at $1/kg by 2030 as part of its Hydrogen Shot Initiative. “Green hydrogen is not a future aspiration. The technology and markets are rea

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