The price of green hydrogen will fall by 50% in the next few decades

Hydrogen is the most abundant element in the universe, and it has been stealing the limelight of electric vehicles and renewable energy recent.

Hydrogen is the most abundant element in the universe, and it has been stealing the limelight of electric vehicles and renewable energy recent.

Depending on whether the electrolysis device (a device that splits water into hydrogen and oxygen ) is connected to the grid, whether it is connected to a renewable generator, or whether it is connected to the grid to be used as a storage facili.

The results of this study are undoubtedly encouraging for companies seeking to make hydrogen the next major fu.

The European Union has stated that hydrogen will play a leading role in the decarbonization of transportation and manufacturi.

However, it is worth noting that in the process of focusing on green hydrogen, Europe will spend a lot of money to ensure emission-free hydrogen production, instead of using blue hydrogen production, which involves natural gas and is cheaper than green hydrogen in the futu.

Both studies point out that prices are affected by geographic location, so prices vary greatly from place to pla.

The European Union has always given the impression of pragmati.

Next is the future of hydrogen as a fuel for automobil.

At the same time, utilities and oil giants are expanding in the field of hydrogen ener.
The greatest chance of success for clean hydrogen lies in the private sect.
The government can draft all the strategies they want, but without the investment of the private sector, and the power generation expertise of utilities and super giants, all these strategies are doomed to fa.
Therefore, the fact that the competition for hydrogen space between large enterprises and utilities is increasing may be better news than the decline in the cost of green electrolys.