USA| Project to reduce the cost of clean hydrogen from $5 to $1 per kilogram in one decade

9 June 2021

Secretary of Energy, Jennifer M. Granholm, launched the U.S. Department of Energy’s (DOE) Earthshot Initiative, to accelerate breakthroughs of more abundant and affordable clean energy solutions within the decade.

The first Energy Earthshot and Hydrogen Shot, seeks to reduce the cost of clean hydrogen by 80% to $1 per kilogram in one decade. Achieving these targets is to help America more quickly reach the Biden-Harris Administration’s goal of net-zero carbon emissions by 2050.

Read more: Global: Initiative of 22 countries to reduce the cost of clean hydrogen to $2/ kg by 2030

DOE noted that industries are beginning to implement clean hydrogen to reduce emissions, but there are still many hurdles to deploying it at scale. Currently, hydrogen from renewable energy costs about $5 per kilogram. By achieving Hydrogen Shot’s 80% cost reduction goal, it would be possible to unlock a five-fold increase in demand, by increasing clean hydrogen production from pathways such as renewables, nuclear, and thermal conversion.

 


Author: KS / Source: U.S. Department of Energy / Photo: Unsplash