Sep 25, 2021
Green Hydrogen’s Rapidly Falling Costs Undermine the Gas Industry’s Argument for Blue Hydrogen
Posted by Poopeh Morakkabati in categories: energy, sustainability
A new study finds that hydrogen fuel produced from water using renewable energy will be cheaper than natural gas-based hydrogen with carbon capture by 2030.
New research predicts that green hydrogen — a clean fuel produced from water using renewables — will be comparable in cost and likely cheaper than blue hydrogen by 2030. This is much sooner than what the blue hydrogen industry is estimating when advocating for the natural gas-based fuel to be widely adopted — essentially eliminating the only viable argument to invest in blue hydrogen.