Hydrogen Cost in Netherlands
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, Netherlands, contract price, exw, formula
- cash cost, on-site: Hydrogen, Netherlands, cash cost, formula, on-site (typical consumer facility)
- cash cost, off-site: Hydrogen, Netherlands, cash cost, formula, off-site (large supplier)
In May 2023, the contract price for Hydrogen available ex-works in Netherlands stood at 18 USD cent per normal cubic meter, representing a decline of 24.69% compared to April 2023. Throughout the twelve-month period, the price of Hydrogen in Netherlands experienced a total decrease of 56% when compared to May 2022. As of May 2023, the on-site cash cost for Hydrogen in Netherlands reached 13.5 USD cent per normal cubic meter, marking a 28.95% reduction from the previous month. During the past year, the cost of Hydrogen in Netherlands showed a cumulative decline of 62% relative to May 2022. In May 2023, the off-site cash cost for Hydrogen supplied by large suppliers in Netherlands was 11.5 USD cent per normal cubic meter, reflecting a 32.46% decrease from April 2023. Over the preceding twelve months, the cost of Hydrogen in Netherlands declined by a total of 66% compared to the same period in the previous year.
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.