Green hydrogen for $5/kg at co-located projects – pv magazine India

Ratings agency ICRA has estimated Indian green hydrogen will cost that much if produced at sites featuring clean energy generation capacity and electrolyzers. That is between 50 US cents and a dollar per kilogram cheaper than in locations where the two systems are not co-located, with the saving possible due to a reduction in open-access, intra-state grid charges. March 8, 2022 Uma GuptaUS-owned ratings agency ICRA has estimated green hydrogen can be produced for $5 per kilogram at Indian sites where renewables generation capacity and electrolyzers are co-located.A study, by Gurgaon-based ICRA, calculated the cost per kilogram would rise between 50 US cents and a dollar if electrolyzers are powered by off-site renewables wheeling electricity via intra-state grids, with the cost of such clean electricity estimated at INR3.50/kWh, including wheeling and transmission charges.To minimize…

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