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To quote the California Hydrogen Business Council, “Currently, a kilogram of hydrogen costs between $10 and $17 at California hydrogen stations, which equals about $5 to $8.50 per gallon of ...
In 2006, the National Renewable Energy Laboratory stated that the cost of hydrogen fuel was around $9 a kilogram, roughly comparing it to $2 a gallon for diesel. It further noted that the total cost per mile (including maintenance) was around $1 per mile for diesel and around $6.50 per mile for hydrogen. [113]
A 2022 Goldman Sachs analysis anticipates that globally green hydrogen will achieve cost parity with grey hydrogen by 2030, earlier if a global carbon tax is placed on gray hydrogen. [13] In terms of cost per unit of energy, blue and gray hydrogen will always cost more than the fossil fuels used in its production, while green hydrogen will ...
The cost of butanol is about $1.25–$1.32 per kilogram ($0.57-$0.58 per pound or $4 approx. per US gallon). Butanol is much more expensive than ethanol (approximately $0.40 per litre or 1.50 per gallon) and methanol.
The average cost of gas has decreased 15% in the last two years, from when it was $4.27 per gallon. The highest recorded average price of regular gas was in June 2022 at $5.06 per gallon.
The average price for a gallon of regular unleaded gasoline in Ohio is $2.716. That's 22 cents less than last month and 46 cents less than last year. Gas prices are falling across Ohio.
For instance, by utilizing PV systems in North Africa and the Middle East, the production costs of synthetic liquid fuels could reach as high as €11 cents per kilowatt-hour (€ct/kWh), equating to 0.96 euros per liter or 3.63 euros per gallon by 2030. (3,94 US-$ per Gallon based on calculations from 26 May 2024 without taxes).
Typically, wholesale electricity costs 2 to 5 cents/kWh during the day. [45] Commercial fuel synthesis companies suggest they can produce fuel for less than petroleum fuels when oil costs more than $55 per barrel. [46] The U.S. Navy estimates that shipboard production of jet fuel from nuclear power would cost about $6 per gallon.