BloombergNEF forecasts green hydrogen should be cheaper than natural gas by 2050 in some markets; falling costs of solar PV key
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APRIL 7, 2021
In a new piece of research, BloombergNEF (BNEF) finds that the levelized cost of hydrogen (LCOH 2 ) made from renewable electricity is set to fall faster than it previously estimated. MMBtu) by 2050 in most modeled markets. MMBtu) by 2050 in most modeled markets. The key driver is the falling cost of solar PV electricity.
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