Loading...
Loading...
Clean hydrogen production could be brought below $2/kg by 2030, says new report

Clean hydrogen production could be brought below $2/kg by 2030, says new report

The production cost of clean hydrogen could be brought well below $2/kg by 2030, says a new report released today (27th April).

Making the Hydrogen Economy Possible: Accelerating clean hydrogen in an electrified economy says clean hydrogen will play a complementary role to decarbonise various sectors where direct electrification is likely to be technologically very challenging or prohibitively expensive, such as in steel production and long-distance shipping.

It also says clean hydrogen could play a significant role in future decarbonisation strategies with production set to reach 50 million tonnes by 2030.

The report, released by the Energy Transitions Commission, estimates that for a net zero greenhouse gas emissions economy by 2050, between 500 to 800 million tonnes of clean hydrogen per annum will be needed – a five to seven fold increase compared to hydrogen usage today.

... to continue reading you must be subscribed

Subscribe Today

To gain access to this article and all our other content, you will need to subscribe to H2 View.

From the latest print editions, to 24/7 online access to exclusive interviews, authoritative columnists and the H2 View news archive, a subscription is the best way for you to stay up to date with developments in the hydrogen community.

Please wait...