European electrolyser prices ‘far above’ China’s – ETC

Prices in China fall as manufacturing grows rapidly while constrained growth in Europe keeps prices at much higher levels, thinktank says

Electrolyser prices in China have fallen to around $400/kW or lower, widening the discount to prices in Europe, according to thinktank the Energy Transitions Commission (ETC). Prices in China are under pressure as the country’s manufacturing capacity is growing rapidly, while capacity growth in Europe appears constrained by several factors including reduced cell manufacturing and a lack of track record among some producers, the ETC states in a report titled Better, Faster, Cleaner: Securing Clean Energy Technology Supply Chains. “In Europe, prices continue to be far above [the Chinese] level, and potential early users report that price quotes for green hydrogen or electrolyser supply in the