No zero carbon without green hydrogen, US pledging $1/kg coal-parity price

The world will be unable to meet its zero-carbon targets without the introduction of green hydrogen solutions, says Plug Power chief strategy officer Sanjay Shrestha, at a time when the US has launched a programme to cut the cost of clean hydrogen by 80%. Nasdaq-listed Plug Power, a pure play green hydrogen company with a commercially successful integrated product line, is building out North America’s first completely green hydrogen end-to-end supply chain network, coinciding with the cost target for clean hydrogen being set at ‘one dollar per one kilogram in one decade’ by the US Department of Energy. The level of $2/kg hits oil price parity and $1/kg attains coal price parity.