How Much Will Hydrogen-Based Power Cost?
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Costs associated with 40 hydrogen technologies used in 35 applications, including for heat and power, could tumble dramatically over the next decade as the scale-up of hydrogen production, distribution, and equipment and component manufacturing continues. For some applications, hydrogen could become competitive with other low-carbon alternatives, and even conventional options. Those are key findings from an in-depth assessment of industry-provided hydrogen application costs that the Hydrogen Council—an international CEO-level advisory body—underscored in a Jan. 20–released report.