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Experts explain why green hydrogen costs have fallen and will keep falling

As electric and gas utilities contemplate investing in low-carbon hydrogen and the technology to produce it, the high price of today's supplies and equipment — and the potential for cost declines — are major considerations.

At the CERAWeek by IHS Markit conference, hydrogen experts and stakeholders expressed confidence that the cost curve will indeed bend in the coming years. The March 2 panel on low-carbon hydrogen production and technologies offered a detailed breakdown of the forces behind the price trend.