Production of green hydrogen could be cost-competitive by 2030

SMART ENERGY INTERNATIONAL | The production of green hydrogen could be cost-competitive by 2030, according to a new analysis by IHS Markit.

Green hydrogen is produced by “splitting” water—which can be carbon-free provided the electricity used in the process is produced by renewables. This process could become cost-competitive with currently predominant methods that require the use of natural gas as a feedstock.

The use of electrolysis, a process that uses electricity to split water into hydrogen and oxygen to produce green hydrogen is rapidly developing from pilot to commercial-scale operation in many parts of the world, according to IHS Markit.

To read the full article, click here.

  • LinkedIn
  • Twitter

© 2020 Energen. This website represents a proof of concept of the future platform