alternative fuel prices in South America

Hydrogen price in South America in

Roman Frey 09:37 AM News
hydrogen-sale-price-southamerica

The price of hydrogen fuel in South America varies depending on the country and specific market conditions. However, in general, the cost of producing and distributing hydrogen fuel is currently higher than that of conventional fossil fuels, which can make it more expensive for consumers.

According to a report by the International Energy Agency (IEA), the average price of hydrogen in South America was around $3.60 per kilogram in 2020. However, prices can vary greatly depending on each country's specific market conditions. country.

In Japan, for example, where hydrogen fuel cell vehicles have been the focus of government and industry efforts for many years, the price of hydrogen fuel is generally lower than in other South American countries. According to the Japan Automobile Manufacturers Association, the average price of hydrogen fuel in Japan in 2020 was about 100-110 yen per kilogram, or about US$0.90-1.

In South Korea, the government has announced plans to significantly increase the production and use of hydrogen fuel in the coming years, but the price of hydrogen fuel remains relatively high. In 2020, the price of hydrogen in South Korea was around $5 per kilogram.

Average Price of Hydrogen in South America in

Average Price of Hydrogen in South America in is

CHINA________ ¥/M3

INDIA________ ₹/KG

JAPAN________ ¥/M3

News about the price of Hydrogen in South America

November 9, 2021

The price of hydrogen in China will be competitive against oil in 2030: Sinopec Marketing

According to Jiang Ning, chief specialist of Sinopec Marketing, at the 10th China International Oil & Gas Trade Congress on Nov. 8, hydrogen-powered fuel cell electric vehicles (FCEVs) are expected to be cost-competitive in 2030 compared to conventional vehicles powered by gasoline or diesel, both in terms of purchase price and fuel cost.

"In 2025, when the cost of green hydrogen [based on renewable energy] is expected to be less than 30 yuan/kg [about $4.69/kg] and the price of diesel is around 6.7 yuan/ liter [74 cents/liter before tax], the fuel cost of hydrogen-powered trucks will be competitive with diesel-powered trucks," Jiang said, sharing the results of the company's recent study.

Why should you be interested in Hydrogen?

New H2 Vehicles for sale

More Articles About Hydrogen

Brands with Hydrogen