Hydrogen could decarbonise hard-to-transition sectors
Green hydrogen could undercut blue by 2030 – ICF
Use of cheap electricity from curtailed renewables could greatly reduce costs
US green hydrogen may become cost-competitive with blue hydrogen within just over a decade, depending on the availability of curtailed renewable generation, according to a new report by consulting firm ICF. Pairing either curtailed or negatively priced electricity with electrolysers can keep the process cost-competitive with hydrogen produced through steam-methane reforming (SMR) plus carbon capture and storage, says the report. Green hydrogen can be powered with dedicated renewables assets in areas where there is a great deal of this type of generation, such as Texas and California, according to report co-author Mike McCurdy, director of fuels and power at ICF. $3/kg – Cost of US gree
Also in this section
23 May 2025
Investors remain committed to development but are waiting on greater international market certainty
22 May 2025
The government has ambitions to scale up production and become a major exporter by the end of the decade
21 May 2025
Half of winning bidders are based in southern European country as €1b auction clears at lower-than-expected levels
16 May 2025
Only 21% of approved IPCEI projects reach FID as cost overruns and funding delays hamper progress, according to European Commission officials
