Which parts of the world will be able to produce the cheapest green hydrogen in the long run?

China will be the cheapest place to produce green hydrogen in the long term, followed by Chile, Morocco, Colombia and Australia, in an “optimistic” scenario, according to analysis from the International Renewable Energy Agency (Irena). Chinese producers could be delivering green hydrogen at a levelised cost (LCOH) of just over $0.65 per kg by 2050, with Chile only marginally behind. Even in the most pessimistic cost scenario, China would be producing green H2 at an LCOH of about $1.10/kg by mid-century, with Colombia at around $1.15/kg and Australia and Chile around $1.20/kg. The US and Saudi Arabia, by comparison, would be able to achieve levelised costs of around $0.75-0.80 per kg in the optimistic scenario, with Saudi Arabian costs rising significantly higher than those in the US in a pessimistic scenario, due to water constraints. This issue also affects Morocco, which…

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