Advances in power-to-gas technologies: cost and conversion efficiency

• Published in: Energy & environmental science 2023-12, Vol.16 (12), p.658-67
• Main Authors: Glenk, Gunther, Holler, Philip, Reichelstein, Stefan
• Format: Article
• Language: English
• Subjects: Data points; Electrolysis; Energy consumption; Energy efficiency; Hydrogen production; Life cycle costs; Polymers; Power-to-gas
• ISSN: 1754-5692; 1754-5706
• DOI: 10.1039/d3ee01208e

Widespread adoption of hydrogen as an energy carrier is commonly believed to require continued advances in power-to-gas (PtG) technologies. Here we provide a comprehensive assessment of the dynamics of system prices and conversion efficiency for three currently prevalent PtG technologies: alkaline, polymer electrolyte membrane, and solid oxide cell electrolysis. We analyze global data points for system prices, energy consumption, and the cumulative installed capacity for each technology. Our regression results establish that over the past two decades every doubling of cumulative installed capacity resulted in system prices coming down by 14-17%, while the energy required for electrolysis was reduced by 2%. On the basis of multiple forecasts of future deployment growth, as well as policy and industry targets, our calculations project that all three technologies will become substantially cheaper and more energy-efficient in the coming decade. Specifically, the life-cycle cost of electrolytic hydrogen production is projected to fall in the range of $1.6-1.9 per kg by 2030, thereby approaching but not reaching the $1.0 per kg cost target set by the U.S. Department of Energy. This paper examines the cost and efficiency dynamics of three prevalent Power-to-Gas technologies. Our results suggest that electrolytic hydrogen production costs will approach but not reach the U.S. Department of Energy's $1.0/kg target by 2030.