Expensive gas = expensive hydrogen

Green hydrogen is now cheaper than grey or blue — or is it?

Expensive gas has put fossil-based hydrogen out of the money. At today's inflated prices, green hydrogen is *in theory* already cheaper to produce in Europe than both blue and grey H2.

Using models developed by Australian math modelling outfit Keynumbers, Energy Flux calculates that the levelised cost of each hydrogen pathway is currently as follows:

• Gree…