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Crisil: Green hydrogen adoption may be delayed
April 29, 2025
|Financial Express Chandigarh
THE COST GAP between grey and green hydrogen is expected to come down from its current level of $2.0-2.5 per kg but linger at $1.0-1.5 per kg over the next three financial years, potentially delaying offtake mandates and heightening project risks, Crisil Ratings said on Monday.
To be competitive with grey hydrogen, the levelised cost of green hydrogen needs to fall by more than half from current levels, Crisil Ratings said.
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