The US Department of Energy says it is aiming for “clean” hydrogen production costs of $2/kg by 2026 and $1/kg by 2031,but also electrolyzer system costs of $250/kW (low-temperature electrolyzers) and $500/kW (high-temperature electrolyzers) by 2026.
Plug Power has agreed to supply up to 3 GW of electrolyzers to Allied Green Ammonia (AGA) for its planned hydrogen-to-ammonia facility in the Northern Territory, Australia.
The basic engineering and design package is expected in May, with a final investment decision expected by the fourth quarter of 2025, said Plug Power. It noted that it aims to start delivering 3 GW of electrolyzer from the first quarter of 2027.
