Hydrogen production costs projection in the U.S. 2030, by scenario

Published by Statista Research Department, Dec 20, 2023
The hydrogen market in the United States is expected to have production costs between 1.28 U.S. dollars and 2.16 U.S. dollars per kilogram in 2030. Steam methane reforming (SMR) hydrogen is forecasted to cost 1.28 U.S. dollars per kilogram, while electrolytic hydrogen is projected to have the highest production cost, at 2.16 U.S. dollars per kilogram.

The U.S. hydrogen market is forecasted to generate some 140 billion U.S. dollars and offer 700,000 jobs in 2030, assuming an ambitious deployment scenario.

Forecast production costs for hydrogen in the United States in 2030, by scenario and production type (in U.S. dollars per kilogram)

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

October 2020

Region

United States

Survey time period

2020

Supplementary notes

The source assumes natural gas prices in 2030 at 4.59 U.S. dollars per million British thermal unit and adds:

* Capture cost of 66 U.S. dollars per metric ton of carbon dioxide, storage cost of 20 U.S. dollars per metric ton of carbon dioxide and transportation cost of six U.S. dollars per metric ton of carbon dioxide.
** For electrolytic hydrogen it is assumed 20 thousand normal cubic meters per hour, approximately 43 thousand kilograms per day. Electrolyzer capex includes stack and balance of plants. An additional cost of 25 percent capex is assumed for installation costs.

Citation formats
Statista Accounts: Access All Statistics. Starting from $2,388 USD / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Starter Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$199 USD / Month *
Professional Account
Full access

Business Solutions including all features.

* Prices do not include sales tax.

Other statistics that may interest you

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Statistics on

About the industry

10

About the region

10

Selected statistics

5

Other regions

9

Related statistics

10

Further related statistics

6

Further Content: You might find this interesting as well

Statistics

Topics

Green hydrogen
Statista Accounts: Access All Statistics. Starting from $2,388 USD / Year
Learn more about how Statista can support your business.
Menu