Cost of producing green hydrogen with renewables in Europe will fall by 30% by 2030: analyst

But cost parity with blue H2 is many decades away, forecasts DNV in its Energy Transition Outlook 2025

Shell's 200MW Holland Hydrogen 1 project under construction in the Port of Rotterdam, and due to ramp up after 2025
Shell's 200MW Holland Hydrogen 1 project under construction in the Port of Rotterdam, and due to ramp up after 2025Photo: Martens Multimedia/Port of Rotterdam
Published 8 October 2025, 13:34Updated 9 October 2025, 13:46
DNVGreen H2Blue H2levelised cost of hydrogen (LCOH) US