Saudi Arabia has good wind and solar resources
Green hydrogen could already be competitive in some regions – Irena
Potential levelised cost of green hydrogen could be cheaper than blue based on recent renewables auction prices
Green hydrogen could already be competitive with blue hydrogen in specific markets even before significant cost reductions and performance improvements in electrolysers have materialised, according to a new study by the International Renewable Energy Agency (Irena). The potential levelised cost of hydrogen, assuming the low solar PV and onshore wind prices from the recent auctions in Saudi Arabia, could be as little as $1.62/kg. This compares favourably with the estimated cost of blue hydrogen at between $1.45/kg and $2.40/kg in the same region, according to analysis by Irena. $1.62/kg – Potential levelised cost of hydrogen As electrolyser cost starts to fall, green hydrogen produc
Also in this section
18 February 2026
Norwegian energy company has dropped a major hydrogen project and paused its CCS expansion plans as demand fails to materialise
4 February 2026
Europe’s largest electrolyser manufacturers are losing patience with policymakers as sluggish growth in the green hydrogen sector undermines their decision to expand production capacity
2 February 2026
As a fertiliser feedstock, it is indispensable, but ammonia’s potential as a carbon-free energy carrier is also making it central to global decarbonisation strategies
28 January 2026
The development of hydrogen’s distribution system must speed up if the industry is to stand any chance of grabbing a meaningful slice of the low-carbon energy market
