Production costs of renewable hydrogen are forecast to decrease over the years. In 2020, renewable hydrogen costs amounted to six U.S. dollars per kilogram in the average scenario, and 5.4 U.S. dollars per kilogram in an optimal scenario. Figures are expected to decrease to 2.3 and 1.4 U.S. dollars per kilogram of hydrogen by 2030, respectively. In the average scenario, wind energy - generally offshore power - is used to produce hydrogen, while the optimal scenario assumes a combination of wind and solar energies.
Forecast breakdown of renewable hydrogen production costs worldwide from 2020 to 2030, by scenario* (in U.S. dollars per kilogram)
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Topics
Green hydrogenHydrogen Council. (February 1, 2021). Forecast breakdown of renewable hydrogen production costs worldwide from 2020 to 2030, by scenario* (in U.S. dollars per kilogram) [Graph]. In Statista. Retrieved May 09, 2024, from https://www.statista.com/statistics/1220812/global-hydrogen-production-cost-forecast-by-scenario/
Hydrogen Council. "Forecast breakdown of renewable hydrogen production costs worldwide from 2020 to 2030, by scenario* (in U.S. dollars per kilogram) ." Chart. February 1, 2021. Statista. Accessed May 09, 2024. https://www.statista.com/statistics/1220812/global-hydrogen-production-cost-forecast-by-scenario/
Hydrogen Council. (2021). Forecast breakdown of renewable hydrogen production costs worldwide from 2020 to 2030, by scenario* (in U.S. dollars per kilogram) . Statista. Statista Inc.. Accessed: May 09, 2024. https://www.statista.com/statistics/1220812/global-hydrogen-production-cost-forecast-by-scenario/
Hydrogen Council. "Forecast Breakdown of Renewable Hydrogen Production Costs Worldwide from 2020 to 2030, by Scenario* (in U.S. Dollars per Kilogram) ." Statista, Statista Inc., 1 Feb 2021, https://www.statista.com/statistics/1220812/global-hydrogen-production-cost-forecast-by-scenario/
Hydrogen Council, Forecast breakdown of renewable hydrogen production costs worldwide from 2020 to 2030, by scenario* (in U.S. dollars per kilogram) Statista, https://www.statista.com/statistics/1220812/global-hydrogen-production-cost-forecast-by-scenario/ (last visited May 09, 2024)
Forecast breakdown of renewable hydrogen production costs worldwide from 2020 to 2030, by scenario* (in U.S. dollars per kilogram) [Graph], Hydrogen Council, February 1, 2021. [Online]. Available: https://www.statista.com/statistics/1220812/global-hydrogen-production-cost-forecast-by-scenario/