Green Hydrogen Needs Vast Subsidies

“Hydrogen from electrolysis, called green hydrogen, typically costs more than $5 per kilogram, or more than five times the price when produced from natural gas.” “The U.S. Inflation Reduction Act offers an astounding subsidy of $3 to produce a kilogram of green hydrogen, three times the market price. Imagine a subsidy of $150,000 to purchase a $50,000 … Continue reading Green Hydrogen Needs Vast Subsidies