By 2030 Solar-Powered Hydrogen Could Be Cheaper Than Fossil Fuel-Based Production

Mercom India | Sep 26, 2020 at 8:30 AM
  • Hydrogen produced from solar-powered equipment could be cheaper than fossil fuel-based production methods in a decade, indicated a study.
  • Hydrogen produced from natural gas with carbon capture and storage is blue hydrogen, while that made from renewable electricity is green.
  • The study assumed lower projections of 2030 costs and efficiencies of technologies for photovoltaic, electrolysis, and hydrogen storage.