The Carbon Price That Makes Green Hydrogen Competitive With Gray Hydrogen

High gas prices mean higher carbon prices in the power sector, it's the inverse for industry. The higher the gas price, other things being equal, the quicker you can make green hydrogen more competitive with gray hydrogen. We estimate that by 20 26, the middle of this decade, only four years away, if we can get the cost of producing green hydrogen down to three uros a kilogram, then you'd need a carbon price of about a hundred and 50 uros a ton. That solves not just for lower emissions this year, next year, the year after that, for permanent, long term de carbonization in the european union.