H2Tech - Q3 2021 - 4

EDITORIAL COMMENT
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U.S. eyes infrastructure buildout,
price reductions for H2
The industry report, " Roadmap to a U.S. hydrogen economy, "
released in October 2020, details how the U.S. can expand its global
energy leadership by scaling up activity in the rapidly evolving H2
economy. The U.S. already produces approximately 11.4 metric
MMtpy of H2
an estimated value of about $17.6 B.
The vast majority of the U.S.' existing production is " gray " H2
A. BLUME,
Editor-in-Chief
sociated with CO2
projects to make gray H2
H2, and a growing number of green H2
ered by renewable energy, the Roadmap anticipates that H2
-mostly in Texas, California and Louisiana-with
asemissions.
However, with a combination of CCS
installations produce low-emissions " blue "
production projects powfrom
low-carbon sources
could supply roughly 14% of the country's energy needs by 2050.
Green H2
and to $1/kg by 2030 (FIG. 1). At present, green H2
$5/kg, while blue H2
costs less than $2/kg, making blue H2
projects will get off the ground more quickly, and at larger scale, as the
production, delivery and dispensing to $2/kg by 2025
in the U.S. has a price point of around
projects more economical.
Infrastructure buildout is also needed to expand the use of low-carbon H2
portation sector will benefit from H2
fueling, while the materials-handling sector is seeing growth in H2
. The transinfusion
for long-haul trucks that require fast refueling
for FCEVs.
Reaching the Roadmap's targets could drive around $140 B/yr in revenue by 2030,
across all segments could total 12 metric MMt at the end
and approximately $750 B/yr in revenue by 2050. With sufficient near-term investment,
the U.S. market for H2
of 2022, 13 metric MMt at the end of 2025 and 17 metric MMt at the end of 2030,
compared to around 11 metric MMtpy in late 2020 (TABLE 1).
cost of such projects decreases. One of the goals of the current U.S. administration is to
reduce the cost of low-carbon H2
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EDITORIAL
Editor-in-Chief
Adrienne Blume
FIG. 1. Market potential for H2
use in U.S. based on cost. Source: U.S. Department of Energy,
Office of Energy Efficiency and Renewable Energy, Hydrogen and Fuel Cell Technologies Office.
TABLE 1. Targeted milestones for H2
Milestone
H2 demand, metric MMt
FCEV sales
Material-handling FCEVs
H2 fueling stations
Material-handling fueling stations
Yearly investment
4 Q3 2021 | H2-Tech.com
scale-up in the U.S.
2021
11
2022
12
2,500
25,000
63
120
TBD
30,000
50,000
165
300
$1 B
2025
13
150,000
125,000
1,000
600
$2 B
2030
17
1,200,000
300,000
4,300
1,500
$8 B
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