Electrolyser capital costs could drop 30pc by 2025
Cost of Chinese alkaline systems about a quarter of the price of equivalent systems in Western markets, according to survey conducted by BloombergNEF
The capital cost of electrolysers could drop by 30pc by 2025 as the industry achieves greater economies of scale and technological advances, according to a survey of 30 projects conducted by research firm BloombergNEF. However, rising labour and raw material costs—especially for metals—could offset some of those projected cost reductions, the survey showed. BNEF looked at 14 projects already commissioned or under construction and 16 in the pipeline. Chinese alkaline electrolysis systems generally cost a quarter of the price of the same type of project in Western countries because of cheaper labour and local supply chains, BNEF says. Chinese-built proton-exchange-membrane (PEM) electrolysers

Also in this section
25 July 2025
Oil major cites strategy reset as it walks away from Australian Renewable Energy Hub, leaving partner InterContinental Energy to lead one of world’s largest green hydrogen projects
23 July 2025
Electrolysis seen as most leakage-prone production pathway as study warns of sharp increase through 2030 and beyond
22 July 2025
The gas-hungry sector is set for rapid growth, and oil majors and some of the world’s largest LNG firms are investing in ammonia production and export facilities, though much depends on regulatory support
16 July 2025
Major manufacturer cancels rollout of new hydrogen-powered vans and strengthens focus on battery electric and hybrid markets