Hydrogen costs too project-specific for universal price targets: Wood Mac event

  • Gas
  • November 13, 2025

Setting a target per-kilo price for producing hydrogen is not that useful, since every hydrogen project has its own dynamics and attached economics.

The price question was posed and tackled in a panel session on hydrogen project risks at analyst group Wood Mackenzie’s Hydrogen Conference 2025, taking place this week in London.

Christian Stuckmann, Vice-President of Business Development in Hydrogen for the energy company Uniper, said the company’s projects in the UK, Germany, and the Netherlands had no top-level target price attached for good reasons.

“Every business case [in every market] is bespoke,” he said. In the Netherlands, for example, Stuckman noted that energy grid fees apply, which pushes up the cost.

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