“From an industry perspective, we see no technical barriers to achieving this, so it’s time to get on with the virtuous cycle of cost reduction through scale up. Having led the race to deliver photovoltaic energy at well-below US$2 cents per kilowatt-hour, in certain geographies, we believe the collective ingenuity and entrepreneurship of the private sector can deliver green hydrogen at less than US$2 per kilogram within four years.”

–Paddy Padmanathan, CEO of ACWA Power, discussing Saudi Arabia’s plans to pursue the development of a it’s hydrogen industry. [Oilprice.com]