Business
Rapid fall to parity predicted for Australian renewable hydrogen costs – RenewEconomy
ANU study says cheaper solar and wind, combined with falling costs for electrolysers, will mean green hydrogen will soon beat fossil fuel alternatives.
Significant and continued cost reductions to solar PV and wind technologies, as well as cost reductions to electrolysers, will mean that the cost of green hydrogen in Australia could reach $A3/kg in the near future and that a stretch goal of $A2/kg will likely come into reach, “possibly rapidly, according to a new paper.
The new paper was published on Friday by researchers from the Crawford School of Public Policys Centre for Climate & Energy Policy at the Australian National University.
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