Sunday, 29 May 2022

Green hydrogen could compete with traditional hydrogen by 2030, natural gas by 2050: report | Utility Dive

Green hydrogen could compete with traditional hydrogen by 2030, natural gas by 2050: report | Utility Dive

  • Green hydrogen remains too expensive to compete against conventional sources of hydrogen and other fuels, but the number of hydrogen projects underway has grown seven-fold in the past year as investors bank on the likelihood that hydrogen costs will fall, according to a report out last week from Wood Mackenzie.
  • Green hydrogen may be cheaper than natural gas in at least 16 countries by 2050, and should be cheaper than conventional hydrogen extracted from fossil fuels by 2030 in most countries, according to Martin Tengler, lead hydrogen analyst for BloombergNEF.


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