European electrolyser prices ‘far above’ China’s – ETC
Prices in China fall as manufacturing grows rapidly while constrained growth in Europe keeps prices at much higher levels, thinktank says
Electrolyser prices in China have fallen to around $400/kW or lower, widening the discount to prices in Europe, according to thinktank the Energy Transitions Commission (ETC). Prices in China are under pressure as the country’s manufacturing capacity is growing rapidly, while capacity growth in Europe appears constrained by several factors including reduced cell manufacturing and a lack of track record among some producers, the ETC states in a report titled Better, Faster, Cleaner: Securing Clean Energy Technology Supply Chains. “In Europe, prices continue to be far above [the Chinese] level, and potential early users report that price quotes for green hydrogen or electrolyser supply in the
Also in this section
24 April 2024
Demand for energy purposes to outpace feedstock applications by the 2040s as government policies drive consumption, says DNV
24 April 2024
Danish firm joins growing list of European electrolyser manufacturers establishing production in US as IRA incentives prove strong draw
19 April 2024
UAE renewables developer weighs opportunities to join green hydrogen projects in US and Canada, Andreas Bieringer, director of green hydrogen business development and commercial, tells Hydrogen Economist
17 April 2024
Building green hydrogen ports and lower production costs key to becoming global exporter