Electrolyzer Cost

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  • $500-1000/kW [1]
  • MIT CEEPR report 2023 - [2]. Has author emails.
  • Cost of alkaline, PEM, and oxide Fuel to Gas - [3]. From Guntherglenk.com. Prediction is $1.6/kg by 2030. DOE target is $1/kg - [4]
    • 15% cost decrease for doubling of electrolyzer capacity
  • Cost per kg [5], x axis is kW installed capacity:

Learning curve indicates 16% cost reduction per capacity doubling. X axis is in kW installed capacity.

    • 20 year lifetime of electrolyzer
    • 3.6 cent electricity cost
  • Hydrogen production cost involves 70-90% electricity cost. Result is the following cost per kg hydrogen:

Cost per kg