To achieve California’s ambitious climate goals, a shift to hydrogen fuel for some transportation sectors may be essential. In this report, we explore the build-out of a hydrogen fuel distribution system including uptake of light-, medium-, and heavy-duty fuel cell electric vehicles. Our analysis of Base and High Case scenarios includes costs of building and operating a hydrogen vehicle and fuel system and estimates workforce impacts. We consider scenarios with about 125,000 vehicles by 2030 in the Base Case and 250,000 in the high case. This increases by an order of magnitude to 2045. Vehicle and station investment costs associated with the Base Case reach anywhere from $4 to 12 billion USD by 2030 and increase by a factor of eight by 2045. Costs per kg of hydrogen, including fuel transmission to stations and station costs delivered to vehicles, could be in the range of $4 to 8 per kg. This becomes $6 to 10/kg as a final delivered cost, if production of hydrogen were to cost $2/kg. Workforce impacts in the Base Case include 600 to 2,200 jobs created by 2030, rising rapidly thereafter. This report was prepared by the ITS-UC Davis Energy Futures Hydrogen Program in partnership with the UCLA Luskin Center for Innovation.
Tuesday, November 19, 2024 - Wednesday, November 20, 2024
TUESDAY, NOVEMBER 19 - WEDNESDAY, NOVEMBER 20.
Get All the Information You Need to Capitalize on Opportunities in Hydrogen & Hydrogen Derivatives
While the U.S. has focused incentives on the production side of the hydrogen economy, the success of innumerable clean hydrogen projects will depend on exporting H2 and its derivatives such as ammonia and e-methane to Asian and European markets.
Though U.S. producers are well positioned to supply this global demand, U.S. production must be scaled up, tax credits and private capital obtained, and international offtake contracts and transportation arrangements secured.
The cutting-edge Global Clean Hydrogen Summit is where you will gain the full understanding of how to meet the challenges of both producing clean hydrogen and navigating the complexities of supplying international markets in order to seize this remarkable opportunity.
Join us next month for your best chance to:
• Assess the opportunities to supply clean hydrogen and derivatives such as ammonia and methanol to international and domestic markets
• Hear what international buyers are looking for in offtake arrangements
• Learn where Hydrogen Hub award winning projects stand, and their paths forward
• Examine how scaling up clean hydrogen production and transportation is working to reduce the costs of delivery to international and domestic markets
• Learn how to meet 45V hourly matching requirements, and how to structure projects to obtain tax equity and commercial financing
• Hear what will be needed to establish clean hydrogen commodity markets, both domestically and globally, and how first steps are now being taken to make them a reality