Related Articles
Natural gas prices have spiked in Europe
Forward article link
Share PDF with colleagues

Aker’s green hydrogen costs at parity with grey

Norwegian company expects FID on two projects in second half of next year

Aker Clean Hydrogen says some of its Norwegian projects have achieved green hydrogen costs of $3.5-4.5/kg, putting them at parity with grey hydrogen. Aker says green hydrogen has a clear path to competitiveness by 2030, with grey hydrogen costs rising faster than previously anticipated on the back of rising prices for carbon and natural gas, the latter of which has spiked recently. "Some of our Norwegian projects under development show hydrogen cost levels of $3.5-4.5/kg. In the current market environment, with very high gas prices, this matches the cost levels for grey hydrogen," says Knut Nyborg, CEO of Aker Clean Hydrogen. Gas prices in Europe have hit record levels in recent weeks, dr

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Blue hydrogen strategies carry risks – ANU
30 November 2021
National plans that lack details on blue hydrogen specifications may not reduce emissions, say academics
BP announces Teesside green hydrogen project
29 November 2021
Firm hopes to develop the region as the UK’s first major hydrogen transport hub
Accelerating clean hydrogen
29 November 2021
Digital transformation will enable a greener shade of grey hydrogen from oil and gas facilities
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video