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Green hydrogen is cheaper than European LNG

Currently, green hydrogen is cheaper than natural gas in eight European countries. The price of liquefied natural gas will return to Earth, but not without a lasting impact on multipurpose wonder fuels.

According to a BloombergNEF study, the high price of LNG means that the green hydrogen produced by decomposing water in a renewable power electrolytic tank is produced in France, Germany, Italy, Poland, Spain, Sweden, Turkey and the United Kingdom. It means that it burns cheaper than natural gas. Fuel costs are often compared for two reasons. So-called gray and blue hydrogen can be produced using natural gas, and green hydrogen is a clean alternative to some gas driven processes.

Green hydrogen is cheaper than European LNG

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