Energy firms look to make green hydrogen cheaper – Industry News

Energy firms look to make green hydrogen cheaper – Industry News

As green hydrogen becomes the buzzword in renewable energy, companies such as Avaada Group, Hygenco Green Energies, and Thermax are working on reducing its cost to make it more economical. Besides, Reliance Industries (RIL) and Adani Group have already annouced plans to make green hydrogen cheaper.

While green hydrogen currently costs around $4-$5 (Rs 334-Rs 418) per kg — around twice the price of grey hydrogen – several companies are working on bringing it down to $1-$2 (Rs 83-Rs 166)…
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