Related Articles
A bill has been introduced to the Senate for hydrogen tax credits
Forward article link
Share PDF with colleagues

Carbon price would make hydrogen viable – Wood Mackenzie

Accelerating development of low-carbon hydrogen before 2030 would require carbon prices above $60/t

A US carbon price of $40-60/t would make some forms of low-carbon hydrogen commercially viable by 2030, according to consultancy Wood Mackenize. Accelerating the development of the fuel faster than that would require even stronger carbon prices—potentially as high as $150/t for green hydrogen in heavy industrial applications. But putting in place a national carbon price would be politically challenging in the US and is not an idea the Biden administration has advocated. “Support for low-carbon hydrogen may have to come from multiple sources” Wood Mackenzie This means that support for low-carbon hydrogen will have to come from various different places, according to Wood Macken

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Hyzon eyes technology progress
25 October 2021
New ways to model fuel cell performance could greatly improve technology, says CTO Shinichi Hirano
Air Liquide intensifies hydrogen focus
22 October 2021
Firm has made investments in industry, air and road transport as it looks to take advantage of national hydrogen strategies
Aker’s green hydrogen costs at parity with grey
22 October 2021
Norwegian company expects FID on two projects in second half of next year
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video