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Distribution of electrolyzer manufacturing costs worldwide in 2023, by main driver

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Source

Release date

October 2024

Region

Worldwide

Survey time period

2023

Special properties

* Includes upstream components, including the cost of input materials. Costs as for alkaline stack systems. Assumes a utilization rate of 85 percent across a lifetime of 25 years.

Citation formats

Global electrolyzer manufacturing cost breakdown 2023, by driver

Published by ÌÇÐÄÆƽâ°æ Research Department, Apr 11, 2025

When looking at the costs for manufacturing electrolyzers, materials and upstream components accounted for the largest cost share. These made up ** percent of the total manufacturing costs in 2023. Labor costs, on the other hand, held a share of just percent.

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