Electrolyser costs to fall sharply – Csiro
Alkaline electrolyser and proton-exchange membrane unit deployment costs will fall to less than a quarter of current levels by 2050 as technologies develop, research body says
Alkaline electrolyser (AE) deployment costs will fall to less than a quarter of their current levels by 2050, with proton-exchange membranes (PEM) costs also declining to reach parity with the more established technology by 2040, according to a report by the Commonwealth Scientific and Industrial Research Organisation (Csiro), which is funded by the Australian government. PEM electrolyser costs are likely to fall more rapidly than costs for AE units as the technology is less developed and has offers further efficiency improvements. Under a scenario based on current international policies, AE costs will fall from $1,378/kW currently to $296/KW by 2050, with PEM costs falling from $2,456/kW cu
Also in this section
19 April 2024
UAE renewables developer weighs opportunities to join green hydrogen projects in US and Canada, Andreas Bieringer, director of green hydrogen business development and commercial, tells Hydrogen Economist
17 April 2024
Building green hydrogen ports and lower production costs key to becoming global exporter
16 April 2024
European Commission to provide list of approved certifiers in a move that is expected to help unlock investment in the sector
9 April 2024
Higher country-level risk and green hydrogen project execution risks are driving up financing costs, according to the Hydrogen Council and McKinsey