The Biggest Problem for Hydrogen in Industrial Heat

By 2050 green hydrogen may achieve a price of 80 cents per kilo, but that would require directly connected renewable power being available at $14 to $17 per megawatt hour. To compete with cheap natural gas in the heat market, at those prices green electricity would only need a $56 per tonne CO2 price. The green hydrogen that it could produce at $0.8.80 per kilo would still require a price of $94 per tonne to be competitive. So using the electricity directly is simply going to be cheaper.