The cost of hydrogen solutions will fall sharply within the next decade, according to report by Hydrogen Council titled Path to Hydrogen Competitiveness: A Cost Perspective.
As scale up of hydrogen production, distribution, equipment and component manufacturing continues, costs are projected to decrease by up to 50 percent by 2030 for a wide range of applications, making hydrogen competitive with other low-carbon alternatives and, in some cases, even conventional options.
“2020 marks the beginning of a new era for energy: as the potential for hydrogen to become part of our global energy system becomes a reality, we can expect fewer emissions and improved security and flexibility. This announces the decade of hydrogen,” said Benoît Potier, chairman and CEO of Air Liquide and co-chair of the Hydrogen Council. “A clean-energy future with hydrogen is closer than we think because the ind
