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At an electricity cost of $0.06/kWh, as set out in the Department of Energy hydrogen production targets for 2015, [73] the hydrogen cost is $3/kg. The US DOE target price for hydrogen in 2020 is $2.30/kg, requiring an electricity cost of $0.037/kWh, which is achievable given recent PPA tenders for wind and solar in many regions. [74]
Hydrogen, nitrogen, oxygen and chlorine are cheapest by volume at atmospheric pressure. When there is no public data on the element in its pure form, price of a compound is used, per mass of element contained.
The following table shows a range of estimates of the levelized costs of gray, blue, and green hydrogen, expressed in terms of US$ per kg of H 2 (where data provided in other currencies or units, the average exchange rate to US dollars in the given year are used, and 1 kg of H 2 is assumed to have a calorific value of 33.3kWh).
It offers technology-neutral hydrogen production credits of $3 per kilogram, but it was not immediately clear which producers could obtain the full benefit. ... of the cost of hydrogen that relies ...
The cost of hydrogen production by reforming fossil fuels depends on the scale at which it is done, the capital cost of the reformer, and the efficiency of the unit, so that whilst it may cost only a few dollars per kilogram of hydrogen at an industrial scale, it could be more expensive at the smaller scale needed for fuel cells.
The US DOE target price for hydrogen in 2020 is $2.30/kg, requiring an electricity cost of $0.037/kW·h, which is achievable given 2018 PPA tenders [76] for wind and solar in many regions. This puts the $4/gasoline gallon equivalent (gge) H 2 dispensed objective well within reach, and close to a slightly elevated natural gas production cost for ...
Price of a gallon of gas: $3.27 In 2022 dollars: $4.30 This article originally appeared on GOBankingRates.com : Gas Prices: The Cost of Gas the Year You Were Born
The first reading of 2023 showed stubborn inflation, as the Consumer Price Index (CPI) decreased just 0.1% to 6.4% on an annual basis. However, it was higher than anticipated. This is the seventh...