Green Hydrogen Cost Parity with Fossil Fuels by 2030 in Optimal Regions

Recent analysis indicates that green hydrogen (H2) produced via electrolysis could reach cost parity with fossil-based hydrogen in regions with abundant low-cost renewable electricity by 2030. This acceleration is driven by decreasing electrolyzer costs, improved efficiencies, and declining renewable energy prices. Specifically, levelized cost of hydrogen (LCOH) could drop below $2/kg in these optimal locations, making it competitive for industrial feedstock and heavy transport applications. This represents a critical inflection point for widespread adoption, particularly in Europe, Australia, and parts of the Middle East.