There has been a notable increase in the estimated levelized costs of green hydrogen in the United States' Gulf Coast for 2023. Due to rising interest rates, electricity prices, and financing costs, green hydrogen produced in the region saw an increase of nearly two U.S. dollars per kilogram in levelized costs.
Estimated levelized cost of green hydrogen in the United States Gulf Coast in 2023, by time of estimate
(in U.S. dollars per kilogram)
Characteristic
Plant capex
Electricity costs
Plant O&M
Additional financing costs
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
* The source refers to the estimate periods as "prior estimate" and "updated estimate". Based on context it is assumed that the "prior estimate" refers to the beginning of the year and the "updated estimate" to estimates made shortly before the release of this report.
Supplementary notes
Considering an annual production of one million metric tons of hydrogen.Â
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Hydrogen Council. (December 11, 2023). Estimated levelized cost of green hydrogen in the United States Gulf Coast in 2023, by time of estimate (in U.S. dollars per kilogram) [Graph]. In Statista. Retrieved July 16, 2024, from https://www.statista.com/statistics/1478784/united-states-gulf-coast-renewable-levelized-cost-of-hydrogen/
Hydrogen Council. "Estimated levelized cost of green hydrogen in the United States Gulf Coast in 2023, by time of estimate (in U.S. dollars per kilogram)." Chart. December 11, 2023. Statista. Accessed July 16, 2024. https://www.statista.com/statistics/1478784/united-states-gulf-coast-renewable-levelized-cost-of-hydrogen/
Hydrogen Council. (2023). Estimated levelized cost of green hydrogen in the United States Gulf Coast in 2023, by time of estimate (in U.S. dollars per kilogram). Statista. Statista Inc.. Accessed: July 16, 2024. https://www.statista.com/statistics/1478784/united-states-gulf-coast-renewable-levelized-cost-of-hydrogen/
Hydrogen Council. "Estimated Levelized Cost of Green Hydrogen in The United States Gulf Coast in 2023, by Time of Estimate (in U.S. Dollars per Kilogram)." Statista, Statista Inc., 11 Dec 2023, https://www.statista.com/statistics/1478784/united-states-gulf-coast-renewable-levelized-cost-of-hydrogen/
Hydrogen Council, Estimated levelized cost of green hydrogen in the United States Gulf Coast in 2023, by time of estimate (in U.S. dollars per kilogram) Statista, https://www.statista.com/statistics/1478784/united-states-gulf-coast-renewable-levelized-cost-of-hydrogen/ (last visited July 16, 2024)
Estimated levelized cost of green hydrogen in the United States Gulf Coast in 2023, by time of estimate (in U.S. dollars per kilogram) [Graph], Hydrogen Council, December 11, 2023. [Online]. Available: https://www.statista.com/statistics/1478784/united-states-gulf-coast-renewable-levelized-cost-of-hydrogen/
Green hydrogen
