IHS Markit: production of carbon-free “green” hydrogen could be cost-competitive by 2030
Green Car Congress
JULY 16, 2020
By 2030 the production of hydrogen fuel by the electrolytic splitting of water—which can be carbon-free provided the electricity used in the process is produced by renewables—could become cost-competitive with currently predominant methods that require the use of natural gas as a feedstock, according to analysis by the IHS Markit Hydrogen and Renewable Gas Forum. Economies of scale are a primary driver for green hydrogen’s growing cost competitiveness.