New Tax Credits Are Best Option to Spur Clean Hydrogen, Resources for Future Analysis Finds
After an RFF Live event on the future of decarbonized hydrogen, Utility Dive publishes an in-depth story about RFF's findings.
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- Decarbonized hydrogen could help reduce global emissions, but costs must come down to $1 per kilogram to compete with other energy resources, researchers from Resources for the Future, a nonprofit research institute, said during a Tuesday webinar.
- Hydrogen procured from fossil fuels and paired with carbon capture could cost $1.25 per kilogram as soon as 2030, according to the group, while green hydrogen — produced using electrolysis powered by renewable energy — is projected to near the $1 mark by 2050."
