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)
* 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
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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 December 18, 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 December 18, 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: December 18, 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 December 18, 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
