IDEAS home Printed from https://ideas.repec.org/p/een/ccepwp/2007.html
   My bibliography  Save this paper

Green hydrogen production costs in Australia: implications of renewable energy and electrolyser costs

Author

Listed:
  • Thomas Longden

    (Crawford School of Public Policy, Australian National University)

  • Frank Jotzo

    (Crawford School of Public Policy, Australian National University)

  • Mousami Prasad

    (Crawford School of Public Policy, Australian National University)

  • Richard Andrews

    (Crawford School of Public Policy, Australian National University)

Abstract

A crucial question in the development of a hydrogen industry is whether green hydrogen, made using renewable energy, will be able to be produced at a cost that makes it attractive compared to hydrogen produced from fossil fuels. The main factors are the cost of electricity and the cost of electrolysers, together with capacity utilisation rates. Over recent years the cost of electricity from solar PV and wind have fallen dramatically, and further reductions are expected. Cost reductions are also being realised for electrolysers. In this note, we compile recent cost estimates and projections to provide plausible ranges for the production cost of green hydrogen. We find that the cost of green hydrogen could readily be at or below A$3/kg in the near future, and that the ‘stretch goal’ of A$2/kg mentioned in Australian strategy documents is likely to come into reach, possibly rapidly.

Suggested Citation

  • Thomas Longden & Frank Jotzo & Mousami Prasad & Richard Andrews, 2020. "Green hydrogen production costs in Australia: implications of renewable energy and electrolyser costs," CCEP Working Papers 2007, Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University.
    • Handle: RePEc:een:ccepwp:2007
    as

    Download full text from publisher

    File URL: https://ccep.crawford.anu.edu.au/sites/default/files/publication/ccep_crawford_anu_edu_au/2020-09/ccep20-07_longden-jotzo-prasad-andrews_h2_costs.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Moon, Hee Seung & Song, Yong Hyun & Lee, Ji Woo & Hong, Sanghyun & Kim, Eunsung & Kim, Seung Wan, 2024. "Implementation cost of net zero electricity system: Analysis based on Korean national target," Energy Policy, Elsevier, vol. 188(C).
    2. Nicholas Gurieff & Donna Green & Ilpo Koskinen & Mathew Lipson & Mark Baldry & Andrew Maddocks & Chris Menictas & Jens Noack & Behdad Moghtaderi & Elham Doroodchi, 2020. "Healthy Power: Reimagining Hospitals as Sustainable Energy Hubs," Sustainability, MDPI, vol. 12(20), pages 1-17, October.
    3. Nicholas Gurieff & Behdad Moghtaderi & Rahman Daiyan & Rose Amal, 2021. "Gas Transition: Renewable Hydrogen’s Future in Eastern Australia’s Energy Networks," Energies, MDPI, vol. 14(13), pages 1-20, July.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:een:ccepwp:2007. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCEP (email available below). General contact details of provider: https://edirc.repec.org/data/asanuau.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.