Progress on the Pathway to Cost-Effective, Zero-Carbon Hydrogen
(Room 407)
16 May 22
2:30 PM
-
3:00 PM
Tracks:
Energy & Utilities
In January 2021, Nel Hydrogen announced a goal to reach US$1.50/kg green hydrogen supply by 2025. The goal includes all fixed and variable costs to make hydrogen – a true breakthrough in terms of CAPEX and OPEX. By achieving the goal of US$1.50/kg green hydrogen by water electrolysis, Nel Hydrogen will make fossil-derived hydrogen redundant, particularly for applications where green hydrogen provides unique advantages for the end product. Steel is such an application. This paper will discuss progress to date in achieving the goal, challenges mastered and issues to come.