Cost reductions for green hydrogen are on the horizon
Tech pipeline to see green H<sub>2</sub> costs tumble—CeraWeek
Electrolyser improvements may soon reduce costs to a level competitive with natural gas-based hydrogen—and high-temperature methods show promise for future
Technological developments across a range of established and experimental production methods could rapidly reduce the cost of green hydrogen to the point it is competitive with grey hydrogen, a panel of industry experts agreed yesterday at CeraWeek. Despite electrolyser technology being established for decades, green hydrogen has been slow to take a significant share of the hydrogen market because costs have remained stubbornly high relative to supply sourced from natural gas. Nel Hydrogen in January announced a target of $1.5/kg for green hydrogen by 2025, which would put it in a competitive position with grey hydrogen. There are “many things that come into play for that roadmap”, says Ever
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