Green hydrogen guides

Clear, sourced guides to the rules and the economics of renewable hydrogen: what RFNBO requires, how to calculate the LCOH, and the terms you need along the way.

What is RFNBO? Rules, dates and examples

RFNBO stands for renewable fuel of non-biological origin: hydrogen, and fuels made from it, produced with renewable electricity. EU law counts it as renewable only if it meets three electricity rules and cuts emissions by at least 70%. This guide explains each rule, the key dates and a worked example.

minimum GHG saving vs fossil fuel
70%
minimum GHG saving vs fossil fuel
CO2e/MJ at most over the life cycle
28.2 g
CO2e/MJ at most over the life cycle
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How to calculate LCOH: formula, inputs and a worked example

The levelized cost of hydrogen (LCOH) is the price per kilogram at which a project recovers all its costs over its life, including the return on capital. This guide explains the formula, the inputs that drive it and a full example for a 10 MW electrolyser.

LCOH of the example (nominal)
4.74 €/kg
LCOH of the example (nominal)
of the cost is electricity
51%
of the cost is electricity
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How much does green hydrogen cost per kg?

Production cost, weekly indices, auction premiums and grey hydrogen: what each number means and what recent sources say, for Spain, Portugal and the EU.

renewable hydrogen in the EU, 2024 (EHO, ACER)
€6.7–8/kg
renewable hydrogen in the EU, 2024 (EHO, ACER)
MIBGAS IBHYX index, May–August 2026
€6.1–6.2/kg
MIBGAS IBHYX index, May–August 2026
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PEM vs alkaline electrolyser: cost, consumption and lifetime

What each technology costs to install, how much electricity it uses, how long its stack lasts and what changes in the cost per kilogram, with recent figures from the IEA, the European Hydrogen Observatory and ACER.

alkaline, installed, 2024 (IEA, EHO)
€1,819–2,310/kW
alkaline, installed, 2024 (IEA, EHO)
PEM, installed, 2024 (IEA, EHO)
€2,365–2,503/kW
PEM, installed, 2024 (IEA, EHO)
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Green hydrogen glossary

The terms you meet when you plan, finance or certify a renewable hydrogen project, explained in plain words: from LCOH and WACC to RFNBO, additionality and PPAs.

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