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Hydrogen | North America supply lead
Hydrogen | North America supply lead according to McKinsey
By 2030, evolving production cost profiles together with the introduction of production incentives in some markets could result in a global cost curve with a 15x cost differential between the lowest and highest cost regions.
With costs reaching below $1/ kg due to supply incentives such as the Inflation Reduction Act and over $5/kg at the upper end. This could lead to trade arbitrage opportunities.
By 2050, the global cost curve is expected to flatten to a 2.5x cost differential as incentives expire and renewable costs reduce with the most competitive regions at around $1.5/kg and high-cost regions sitting at around $3.5/kg.
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