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30% expect the price of green hydrogen to fall by
2025
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New prototype for a hydrogen-powered car than can
be manufactured for €15,000
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Average vehicle purchase price in Germany currently
€33,580
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Germany leads the way in Europe with 86 hydrogen
filling stations, though infrastructure still needs to catch
up
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Latest research findings: everyone could have
hydrogen filling stations in their basement in the
future
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Airbus to launch CO2-neutral H2 aircraft fleet by
2035
As a new infographic from Block-Builders.net shows,
there have recently been many signs of progress in the field of
hydrogen technology. For example, the price of green hydrogen has
fallen by 50% since 2015. Forecasts indicate that it will fall by
a further 30% by 2025. There are also signs of a paradigm shift
in the purchase price of hydrogen-powered cars. For example, the
German Aerospace Centre (DLR) has developed a low-cost model
which could be sold for around €15,000. The average purchase
price for a conventional new car in Germany currently stands at
€33,580.
One obstacle to widespread mobility applications is
the current lack of infrastructure. There are 14,449 conventional
filling stations in Germany, compared with 86 hydrogen filling
stations. While Germany is the European leader in this respect,
the level of penetration is low. A change could also be imminent
here though: for example, research is currently underway on
filling stations that could be placed in anybody's basement.
Commercial production could possibly begin as soon as next
summer.
As can be seen in the infographic, more and more
companies are also striving to gain a foothold in the hydrogen
sector. Airbus, for example, plans to introduce a CO2-neutral H2
aircraft fleet to the market from 2035. In turn, Toyota is
focusing on hydrogen for the HGV sector. The technology could
also find its way into the private sector. According to
forecasts, the overall share of hydrogen vehicles in the
passenger car market could reach around 35% by 2050. Meanwhile,
the stock market is also sensing opportunities, with certain
associated stocks rising by up to 450% within a single
year.
"More and more players are venturing into hydrogen
technology and see great opportunities," observes Block-Builders
analyst Raphael Lulay. "Nonetheless, major hurdles still remain.
The survey does however show that considerable progress has
recently been made in many challenging areas".
The full story with the infographic, facts
and more statistics:
https://block-builders.net/hydrogen-breakthrough-in-sight-prices-down-by-up-to-50-massive-expansion-of-infrastructure-aviation-applications/