Featured in Material change – 03-2024

Electrolyzer prices – what to expect

In addition to the cost of electricity, the price of hydrogen depends largely on the up-front investment cost of the electrolyzer. The lower the full-load hours, the greater the impact. Analyst BloombergNEF (BNEF) sees a number of different possible pathways for the market to develop.

 All electrolyzers have a technology-specific stack at their center, in which water is split into hydrogen and oxygen. This consists of carefully layered, gas-tight, welded bipolar plates and plastic membranes – among the main cost factors in every electrolysis plant. Xiaoting Wang, an analyst at BloombergNEF, spoke to 20 companies worldwide as part of the …

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