CHF: Texas hydrogen will become competitive in the global market by 2030

The estimated decline in the cost of low-emission hydrogen produced in Texas to USD 1/kg for production from natural gas and USD 1.5/kg for production through water electrolysis by 2030 will enable Texas to compete with other hydrogen exporters on the global market. The news was reported by international outlet Platts, citing a report by the Center for Houston's Future.

The Center for Houston's Future (CHF) report was published on 23 May, one day before Houston was selected as one of four international hydrogen clusters by the World Economic Forum (WEF). The other three regions selected by the WEF are Geleen in the Netherlands, the port of Antwerp in Belgium and the Ohio River Valley.

"The timing of this report and the timing of the WEF announcement are important because they show policymakers in Austin, Washington and the rest of the world that Houston has an opportunity to help use low-emission hydrogen to decarbonise the rest of the world," said Brett Perlman, executive director of the Center for Houston's Future.