The analysis looks at the market drivers for the use and production of green hydrogen in the maritime industry, technologies and technical challenges, risks, and current and planned projects.
Citing forecasts from the Energy Transitions Commission (ETC), ABS said that green hydrogen is expected to be cheaper than blue hydrogen in some areas by 2030 and in most of the world by 2050. In April 2021, green hydrogen cost between $3 and $6.55 per kg, compared to between $1.30 and $2.90 per kg for blue hydrogen.
Related: RINA approves 2050-ready LNG/hydrogen MR tanker“As the technology and infrastructure develops, by 2030 green hydrogen is expected to drop in price to around $2.00 per kg in most regions with lows of $1.00 per kg in especially favourable regions,” said the whitepaper. Electrolyzer prices will need to fall significantly for green hydrogen to be economically competitive,…
China and Northern Europe have green hydrogen head start
