Observing the renewable energy transition from a European perspective

Break-even Price Natural Gas and Green Hydrogen in Sight

At current natural gas prices of 65 euro/MWh and 60 euro per ton CO2-tax, green hydrogen becomes competitive.

In all the misery of the high (import) gas price, there is also consolation: the break-even price for green hydrogen is now 3 €/kg. Almost all analysts expect that we will be able to produce this alternative to natural gas ourselves for 1-2 €/kg in the not too distant future.

The cumbersome and somewhat random process of looking for new sources of fossil fuel could be almost over and can be replaced by merely sticking a wet finger up in the air, so to speak.

[] – Martien Visser

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