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As a result, grey hydrogen prices skyrocketed as well.
Natural gas prices have come back down, and so (naturally) grey hydrogen prices have as well, but it’s an indication of what future shortages may bring. ("Green hydrogen" prices are coming down to be competitive to "grey hydrogen.” )
IEA (2024), Global Hydrogen Review 2024 - IEA, Paris https://www.iea.org/reports/global-hydrogen-review-2024 - Page 82 - Figure 3.11 - Hydrogen production cost by pathway, 2023, and in the Net Zero Emissions by 2050 Scenario, 2030, Licence: CC BY 4.0
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