Green hydrogen costs remain high
Letter on hydrogen: Innovation crucial to solving green cost conundrum
Policymakers must back development of new electrolyser technologies as well as the scale-up of established designs to bring down stubbornly high costs
“We already have the technology—it just needs to be scaled up”. Frequent attendees of hydrogen conferences will have heard this claim many times over the past two or three years as the industry grapples with the issue of high production costs. Economies of scale are, of course, crucial to bringing down green hydrogen costs, which remain too high for many potential investors and consumers, hampering the progress of hundreds of proposed projects to FID. The US Department of Energy acknowledged this in mid-March, when it announced $750m of government funding to support the scaling up of electrolyser production and to “dramatically” reduce the cost of clean hydrogen and “supercharge” progress. T
Also in this section
23 January 2025
Russia, Poland and Romania are the biggest players when it comes to hydrogen projects in the region
23 January 2025
The UK leads Western Europe in terms of active hydrogen project market share, but developments are planned across Italy, Spain, Portugal, the Netherlands and the Nordic countries
23 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised
21 January 2025
The new president must put his cards on the table and tell the American people, and the world, if the US is formally abandoning the energy transition
