This data-file captures the economics of hydrogen production via reforming natural gas: either steam-methane reforming (SMR) or auto-thermal reforming (ATR), which yields blue hydrogen if purified CO2 is sequestered.
Costs are drawn from technical papers in the final three tabs of the data-file, which also include our notes on blue hydrogen and an explanation of operating parameters in the model.
ATR is preferable to SMR as a decarbonization technology, eliminating 90% versus 60% of respective CO2 emissions relative to natural gas (chart below).
We find that blue hydrogen production may be competitive with CCS. Please download the data-file to stress-test sensitivities to capex costs, opex costs, gas efficiency, gas prices, power prices, CO2 prices and fiscal regimes.