![Mitsubishi Heavy Industries BrandVoice: The Three Colors Of Hydrogen Explained [Video]](https://i.headtopics.com/images/2020/3/6/forbes/the-three-colors-of-hydrogen-explained-paid-mhi-group-1235671430160936962.webp)
The three colors of hydrogen explained paid MHI_Group
The cost of green hydrogen will be on par with hydrogen from fossil fuels within a decade, according to a new study by the Hydrogen Council and McKinsey. The study’s prediction is based on falling renewable energy prices, coupled with an anticipated reduction in the cost of building electrolyzers.
It’s a fuel of choice for industries looking to decarbonize, but not all hydrogen is created the same. Although the gas only emits water when burned, its contribution to carbon neutrality depends on how it is produced.
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