Leapfrogging the competition Green hydrogen” made with wind and solar electricity could become the cheapest form of what the Australian government has described as a “transformative fuel” much faster than expected, analysts believe.
Chinese manufacturers have reported making systems to create hydrogen with renewable energy for up to 80% less than official Australian estimates from just two years ago.
Energy analysts said it suggested green hydrogen was likely to leapfrog hydrogen made with gas and coal as the most cost-effective form of the energy before the end of the decade, and by the time an industry could be developed at scale.