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Making Hydrogen Costs

EIA 2022* Average Price Annual USD
SMR+WGS
SMR+WGS +CCS
Methane Pyrolysis
Electrolysis
Hydrogen Color
Grey
Blue
Turquoise
Green
Electricity 2022
$83 / MWh
5.7 MWh = $474
5.7 MWh = $474
5.2 MWh = $433
5.7 MWh = $3278
Methane 2023
$4.59 / 1000 cu. Ft.
2.2 ton = $383
2.9 ton = $505
4.4 ton = $766
n/a
Water 2022
$4.59 / 1000 gal
4.9 ton = $6
3.3 ton = $4
none
9.1 ton = $11
Methane 2023
$4.59 / 1000 cu. Ft.
none
3.6 ton = $270
none
none
TOTAL
$863
$1253
$1199
$3289
Hydrogen price / kg
$0.86 per kg H2
$1.25 per kg H2
$1.20 per kg H2
$3.29 per kg H2
Pollution GHG
6 ton GHG
1.5 ton GHG
none
none
Energy conversion - U.S. Energy Information Administration (EIA)
Electricity: 1,000 Kilo Watt Hours (KWh) = 1 Mega Watt Hours (MWh) 1 MWh = 1,000 KW
Conversion of Volume of Natural Gas to Mass of Natural Gas - Cimarron
Methane: 1000 cubic feet  = 0.0264 US tons  and  1 ton  =  37879 thousand cubic feet
Source
Convert Water Gallon (US) to Ton
Clean Water: 1000 gallons = 3.717 ton and 1 ton = 269 gallons
Gallons (US liquid) to tons (water) - Conversion calculator, formula, and table (chart)

Data Sources:

EIA Average Annual Price of Electricity to Industrial Customers ($0.0806 per KWh as of 2023)
Electric Power Monthly - U.S. Energy Information Administration (EIA)
EIA Methane (Natural Gas) Annual Price to Industrial Cutomers ($4.59 per 1,000 Cubic Feet as of 2023)
U.S. Natural Gas Prices (eia.gov)
EPA Clean water commercial cost of water ($4.59 estimated average national rate, water only no sewer as of 2022)
Data and Information Used by WaterSense | US EPA
EIA Levelised cost of CO2 capture for power generation sector ($75 mid point as of 2019)
Levelised cost of CO2 capture by sector and initial CO2 concentration, 2019 – Charts – Data & Statistics - IEA
EIA & EPA Average Annual* Price USD
EIA Data Series
EIA Units
Conversion to
Website Units
Electricity
Elec. Industrial average cost
1 KWh
1000
MWh
Methane
Feedstock at Power gas price
1,000 cu feet
0,0264
US Ton
Water
Commercial clean water
1,000 gallons
4,1725
US Ton
Carbon Capture Sequestration
Levelised cost of CO2 cap.
US Ton
=
US Ton
* Best available annual data from EIA or EPA sources reviewed May 2024.
Suggestions for updated data sources and improvements welcome, see contact information
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