Blue hydrogen cheaper than green H2 in all markets except China amid falling gas prices: BNEF

Green is not due to undercut blue in all markets until 2033 if using Western-made electrolysers — but could compete on cost years earlier if using Chinese tech

Hydrogen storage tanks at Sinopec's 260MW Kuqa green hydrogen project, the world's largest, in Xinjiang, China. — Hydrogen storage tanks at Sinopec's 260MW Kuqa green hydrogen project, the world's largest, in Xinjiang, China.Photo: Sinopec

Polly Martin

Published 13 July 2023, 12:38Updated 13 July 2023, 12:41

Blue H2 Green H2 alkaline electrolysers PEM electrolysers China