alternative fuel prices in South America
Hydrogen price in South America in
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.