Hydrogen Cost in Czech Republic
The chart above illustrates Hydrogen price assessments, in US Dollar Cent per normal cubic meter (USD cent/Nm3), from May 2022 through May 2023, as described below:
- contract price, exw: Hydrogen, Czech Republic, contract price, exw, formula
- cash cost, on-site: Hydrogen, Czech Republic, cash cost, formula, on-site (typical consumer facility)
- cash cost, off-site: Hydrogen, Czech Republic, cash cost, formula, off-site (large supplier)
In May 2023, the contract price for Hydrogen available ex-works in Czech Republic stood at 25.5 USD cent per normal cubic meter, representing a decline of 12.37% compared to April 2023. Looking at the broader picture, Hydrogen contract prices in Czech Republic have fallen by 22% over the twelve-month period from May 2022 to May 2023. As of May 2023, the on-site cash cost for Hydrogen production at a typical consumer facility in Czech Republic reached 20.8 USD cent per normal cubic meter, down 13.69% from the previous month. Throughout the past year, the on-site production costs for Hydrogen in Czech Republic have increased by 11% when compared to May 2022 levels. The off-site cash cost for Hydrogen supplied by large suppliers in Czech Republic was recorded at 19.8 USD cent per normal cubic meter in May 2023, showing a decrease of 14.29% from April 2023. Over the twelve-month comparison period, off-site Hydrogen supply costs in Czech Republic have risen by 12% from May 2022.
The figures shown are illustrative and represent a historical sample from Intratec Industry Economics & Competitiveness. For up-to-date monthly competitiveness benchmarks and industrial cost data across 33 countries, subscribe to Intratec Industry Economics & Competitiveness.
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About Hydrogen
Hydrogen is a vital utility in process industries, especially in refining and chemical manufacturing. It is used in hydrogenation reactions, hydrocracking, and as a reducing agent, playing a key role in producing cleaner fuels and specialty chemicals.