Hydrogen
Bloomberg NEF estimate it green hydrogen could be produced for between $0.80 (0.66 euros) and $1.6 a kilogram by 2050, comparable to natural gas. At present, about 95% of the hydrogen that is produced is derived from fossil fuels using various thermochemical processes which is grey. The project, called H2Teesside, could produce 5GW of low-carbon hydrogen production online and carbon capture rates from the proposed H2Teesside plant are as high as 98%.
Latest Updates for Green, Blue and Grey Hydrogen from around the world Mar’21