Carbon price impact on hydrogen production costs in the EU 2030

Forecast impact of carbon pricing on hydrogen production costs in the European Union in 2030, by hydrogen type*

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Release date

August 2021

Region

EU

Survey time period

2021

Supplementary notes

* The source assumes a price of 20 euros per megawatt hour for natural gas.
The capture rate for fossil-based hydrogen with carbon capture is assumed to be around 75 percent.

** Renewable hydrogen has a production cost that can vary between 60 to 163 euros per megawatt hour, according to the renewable source used.

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