Cost of green hydrogen could be at or below A$3/kg in the near future.
H2 at $2/kg is likely to come into reach.
Cost of electricity from solar PV and wind are crucial.
https://ccep.crawford.anu.edu.au/publication/ccep-working-paper/17458/green-hydrogen-production-costs-australia-implications
@ANUCrawford @ANUEnergyChange @frankjotzo @ourANU @ANUCrawfordClim @ANUmedia

@CSIRO have LCOE for solar PV in 2020 as low as A$41/MWh ($29 USD) and we estimate a trend with $33/MWh in 2030 and $26/MWh in 2040 ($23 and $18 USD). We compared @BloombergNEF @IRENA @Lazard @CSIRO estimates

Hydrogen costs range from A$2.25-2.95/kg for the mean cost of solar PV in 2030 (A$33/MWh). Lower range projections for PV are around A$25/MWh in 2030 and imply hydrogen costs of A$1.89-$2.56/kg
@climate @ARENA_aus @HydrogenCouncil @BillHareClimate @H2_view

The hydrogen production cost estimates for 2018 in the @CSIRO National Hydrogen Roadmap range from A$4.78/kg to A$7.43/kg. For 2025, the CSIRO Roadmap estimates are between A$2.29/kg and A$3.10/kg.
@ScienceChiefAu @simonahac @KetanJ0

On the basis of GenCost electricity cost projections for 2030, our hydrogen production cost estimates are between A$1.89/kg and A$3.71/kg. The main difference in the @CSIRO National Hydrogen Roadmap estimates for 2018 is that much higher capital costs for electrolysers are used.

Australia is well placed to achieve low-cost green hydrogen production due to its low-cost renewable energy supply and the potential to achieve large economies of scale.

Read more via: https://ccep.crawford.anu.edu.au/publication/ccep-working-paper/17458/green-hydrogen-production-costs-australia-implications

@ScienceChiefAu @simonahac @KetanJ0 @ANUEnergyChange