Hydrogen could decarbonise hard-to-transition sectors
Green hydrogen could undercut blue by 2030 – ICF
Use of cheap electricity from curtailed renewables could greatly reduce costs
US green hydrogen may become cost-competitive with blue hydrogen within just over a decade, depending on the availability of curtailed renewable generation, according to a new report by consulting firm ICF. Pairing either curtailed or negatively priced electricity with electrolysers can keep the process cost-competitive with hydrogen produced through steam-methane reforming (SMR) plus carbon capture and storage, says the report. Green hydrogen can be powered with dedicated renewables assets in areas where there is a great deal of this type of generation, such as Texas and California, according to report co-author Mike McCurdy, director of fuels and power at ICF. $3/kg – Cost of US gree
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