Share of PEM electrolysis green hydrogen production costs in China 2023

Published by
Daniel Slotta,
May 29, 2024

In 2023, over 53 percent of cost of PEM electrolysis hydrogen production in China was electricity. Alkaline and PEM electrolysis are two methods to produce green hydrogen. While alkaline production has higher electricity costs, PEM electrolysis has a higher share of equipment depreciation costs.

Breakdown of proton exchange membrane (PEM) electrolysis production costs of green hydrogen in China in 2023

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Release date

July 2023

Region

Asia, China

Special properties

2023

Supplementary notes

Hydrogen production via alkaline electrolysis is calculated against a production size of 1,000 Nm3/h, with an electrolyzer cost of CNY 2,500/kW; Hydrogen production via PEM electrolysis is calculated against a production size of 200 Nm3/h, with an electrolyzer cost of CNY 14,000/kW.

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