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Green hydrogen costs could reach parity in a decade, report finds

Axios‘ Andrew Freedman reports on a potential breakthrough for green hydrogen.

The C3 Take
  • A new study estimates that  green hydrogen could be cost competitive with hydrogen produced from fossil fuels within the decade.
  • Hydrogen fuel is attractive because of its versatility and abundance, but its carbon footprint is largely determined by how it is produced.
  • Having non-emitting green hydrogen become more affordable could prove key to a green energy transition.

“A new analysis by the ICF Climate Center, shared exclusively with Axios, shows that the cost of zero-carbon, green hydrogen could reach parity with more greenhouse-gas intensive ways of making the gas in as little as the next decade.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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