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New research estimates average long-term green hydrogen price at $32/MWh

  • New research estimates that deploying around 140 GW of green hydrogen generation capacity by 2050 could make green hydrogen economically viable in Europe.
  • Reaching this scale would help balance system costs and increase renewable integration, making green hydrogen a self-sustaining technology without subsidies.
  • The study used a comprehensive approach to evaluate the economic viability and strategic value of green hydrogen as a flexibility source within the European power system by 2050.
  • The researchers estimated the average long-term green hydrogen price at €30 ($32)/MWh and identified countries like Germany, France, the UK, Italy, Spain, and Norway as having strong potential for green hydrogen development.

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