Cleaner Tech
Green Hydrogen Will Be Far Costlier Than Estimated, Harvard Scientists Find
Transporting and storing the gas are hidden costs that new research finds will make it uncompetitive as a decarbonization solution.
A model of liquid hydrogen storage tank at the H2 Mobility Energy Environment Technology in South Korea.
Photographer: TI/BloombergThis article is for subscribers only.
The actual cost of using green hydrogen, touted as a future low-carbon solution, is at risk of being higher than projected, according to a new study. That would limit its utility to effectively replace fossil fuels.
Significant storage and distribution costs — which are often overlooked by most cost estimates — will likely make hydrogen a “prohibitively expensive abatement strategy across many major sectors,” according to a paper by Harvard University researchers published Tuesday.