Article | REF: BE6701 V1

Green hydrogen for network use

Author: Benjamin FRITZ

Publication date: November 10, 2024

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5. Economic data

Global investment in the green hydrogen sector reached $1.5 billion in 2022. It is expected to reach $50 billion per year by 2030.

The leading countries for investment in green hydrogen are the European Union, Japan, China, the United States and South Korea.

The cost of green hydrogen is set to fall over the coming years, thanks to technological advances and economies of scale. In 2024, the price of green hydrogen will be between €5 and €10/kg.

5.1 Electrolysis production

The graph in figure 20 shows the investment cost (CAPEX) as a function of the power of an electrolyzer.

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