Letter on hydrogen: Innovation crucial to solving green cost conundrum
Policymakers must back development of new electrolyser technologies as well as the scale-up of established designs to bring down stubbornly high costs
“We already have the technology—it just needs to be scaled up”. Frequent attendees of hydrogen conferences will have heard this claim many times over the past two or three years as the industry grapples with the issue of high production costs. Economies of scale are, of course, crucial to bringing down green hydrogen costs, which remain too high for many potential investors and consumers, hampering the progress of hundreds of proposed projects to FID. The US Department of Energy acknowledged this in mid-March, when it announced $750m of government funding to support the scaling up of electrolyser production and to “dramatically” reduce the cost of clean hydrogen and “supercharge” progress. T
![](/images/white-fade.png)
Also in this section
26 July 2024
European offtakers and strategic investors start to unlock North African country’s vast potential as a green hydrogen and ammonia supplier
25 July 2024
Investment in 100MW green hydrogen facility in Germany comes as oil major’s wider transition strategy comes under scrutiny
24 July 2024
World’s largest green fertiliser supply agreement puts Villeta project in Paraguay on track for FID later this year
23 July 2024
Awards experience 20% increase in nominations this year, with submissions from 27 countries