Global green hydrogen cost breakdown by scenario 2020-2030
Production costs of renewable hydrogen are forecast to decrease over the years. In 2020, renewable hydrogen costs amounted to six U.S. dollars per kilogram in the average scenario, and 5.4 U.S. dollars per kilogram in an optimal scenario. Figures are expected to decrease to 2.3 and 1.4 U.S. dollars per kilogram of hydrogen by 2030, respectively. In the average scenario, wind energy - generally offshore power - is used to produce hydrogen, while the optimal scenario assumes a combination of wind and solar energies.
