Concept: January 10, 2022. What is Green Hydrogen and What is its Cost?

Green hydrogen is the hydrogen produced with energy from a renewable source. Examples of this are:

• Electrolysis of water or a salt solution using electricity from a renewable source.
• Steam methane reforming with energy for the reaction from a renewable source and carbon dioxide sequestration.
• Pyro-reforming of glycerine (glycerol) with energy for the reaction from a renewable source.

Green hydrogen production is costly. In 2020 it has been about 6 US$ per kilogram. It is considered that it has to be less than 2 US$ in oder for the use of green hydrogen to become profitable. It is said that this value may be achieved by 2030.

This post is intended to only raise awareness. In order to make actual financial decisions please contact your financial advisor and/or tax advisor prior to making the decision.