Exclusive: Calculating the cost of green hydrogen

Image credit: Tarin Yuangtrakul/Enapter

Hydrogen is the word on everybody’s lips. This is because hydrogen, notably green hydrogen, holds the key to decarbonising the fuels we use today.

To deliver on its great potential, green hydrogen must meet certain cost reduction milestones to comprehensively undermine the case for continued fossil fuel use. This makes understanding how we calculate the cost of green hydrogen (and how this will change) essential to investors, policymakers, industry and consumers. So, do current market approaches help us to understand the cost of green hydrogen production effectively? We think not.