Data item details

Name: Levelised cost of hydrogen produced by electrolysers connected directly to solar PV in the EU Member States – October 2025 (EUR/kg and EUR/MWh)

Source: ACER, based on the European Hydrogen Observatory LCOH calculator.

Identifier

Reference: Figure 32

Comment: The default technoeconomic assumptions of the LCOH calculator were used. Electricity consumption-related taxes were not considered. For PVs the tool assumes direct connection between the electrolyser and the PV plant.

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Levelised cost of hydrogen produced by electrolysers connected directly to solar PV in the EU Member States – October 2025 (EUR/kg and EUR/MWh)

Last updated: 2025-11-28 18:21

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Country

Cost component

Fields to export Value [EUR/kg] Value [EUR/MWh]

Country	Cost component	Value [EUR/kg]	Value [EUR/MWh]
Greece	Total levelised cost of hydrogen	5.70	170.60
Greece	Capital expenditure	3.60	108.10
Greece	Electricity	1.20	34.80
Greece	Other operating expenditure	0.90	27.60
Cyprus	Total levelised cost of hydrogen	6.00	179.90
Cyprus	Capital expenditure	3.60	107.20
Cyprus	Electricity	1.50	45.30
Cyprus	Other operating expenditure	0.90	27.30
Portugal	Total levelised cost of hydrogen	6.00	179.90
Portugal	Capital expenditure	3.60	107.20
Portugal	Electricity	1.50	45.30
Portugal	Other operating expenditure	0.90	27.30
Spain	Total levelised cost of hydrogen	6.00	180.20
Spain	Capital expenditure	3.50	106.00
Spain	Electricity	1.60	47.10
Spain	Other operating expenditure	0.90	27.00
Malta	Total levelised cost of hydrogen	6.00	180.20
Malta	Capital expenditure	3.60	107.50
Malta	Electricity	1.50	45.30
Malta	Other operating expenditure	0.90	27.30
Italy	Total levelised cost of hydrogen	6.80	203.30
Italy	Capital expenditure	4.00	119.80
Italy	Electricity	1.80	52.90
Italy	Other operating expenditure	1.00	30.60
France	Total levelised cost of hydrogen	7.60	228.20
France	Capital expenditure	4.10	123.70
France	Electricity	2.40	73.00
France	Other operating expenditure	1.10	31.50
Croatia	Total levelised cost of hydrogen	8.10	241.70
Croatia	Capital expenditure	4.80	144.10
Croatia	Electricity	2.00	61.00
Croatia	Other operating expenditure	1.20	36.60
Bulgaria	Total levelised cost of hydrogen	8.10	244.40
Bulgaria	Capital expenditure	4.90	145.60
Bulgaria	Electricity	2.10	61.60
Bulgaria	Other operating expenditure	1.20	37.20
Romania	Total levelised cost of hydrogen	8.30	249.50
Romania	Capital expenditure	5.00	148.90
Romania	Electricity	2.10	62.80
Romania	Other operating expenditure	1.30	37.80
Hungary	Total levelised cost of hydrogen	8.70	261.00
Hungary	Capital expenditure	5.20	155.60
Hungary	Electricity	2.20	65.80
Hungary	Other operating expenditure	1.30	39.60
Slovenia	Total levelised cost of hydrogen	9.20	276.60
Slovenia	Capital expenditure	5.50	164.90
Slovenia	Electricity	2.30	69.70
Slovenia	Other operating expenditure	1.40	42.00
Austria	Total levelised cost of hydrogen	9.40	281.70
Austria	Capital expenditure	5.60	167.90
Austria	Electricity	2.40	70.90
Austria	Other operating expenditure	1.40	42.90
Germany	Total levelised cost of hydrogen	9.50	284.70
Germany	Capital expenditure	6.00	179.00
Germany	Electricity	2.00	60.10
Germany	Other operating expenditure	1.50	45.60
Slovakia	Total levelised cost of hydrogen	9.60	287.10
Slovakia	Capital expenditure	5.70	171.20
Slovakia	Electricity	2.40	72.40
Slovakia	Other operating expenditure	1.50	43.50
Netherlands	Total levelised cost of hydrogen	10.00	299.70
Netherlands	Capital expenditure	6.20	186.20
Netherlands	Electricity	2.20	66.10
Netherlands	Other operating expenditure	1.60	47.40
Finland	Total levelised cost of hydrogen	10.10	304.20
Finland	Capital expenditure	6.00	181.40
Finland	Electricity	2.60	76.60
Finland	Other operating expenditure	1.50	46.20
Denmark	Total levelised cost of hydrogen	10.30	310.20
Denmark	Capital expenditure	6.20	185.00
Denmark	Electricity	2.60	78.10
Denmark	Other operating expenditure	1.60	47.10
Belgium	Total levelised cost of hydrogen	10.50	314.70
Belgium	Capital expenditure	6.30	187.70
Belgium	Electricity	2.60	79.30
Belgium	Other operating expenditure	1.60	47.70
Sweden	Total levelised cost of hydrogen	10.60	316.80
Sweden	Capital expenditure	6.30	188.90
Sweden	Electricity	2.70	79.90
Sweden	Other operating expenditure	1.60	48.00
Czechia	Total levelised cost of hydrogen	10.60	319.20
Czechia	Capital expenditure	6.30	190.10
Czechia	Electricity	2.70	80.50
Czechia	Other operating expenditure	1.60	48.60
Poland	Total levelised cost of hydrogen	10.90	327.90
Poland	Capital expenditure	6.30	190.10
Poland	Electricity	3.00	89.20
Poland	Other operating expenditure	1.60	48.60
Luxembourg	Total levelised cost of hydrogen	11.10	333.00
Luxembourg	Capital expenditure	6.60	198.50
Luxembourg	Electricity	2.80	83.80
Luxembourg	Other operating expenditure	1.70	50.80
Latvia	Total levelised cost of hydrogen	11.40	343.20
Latvia	Capital expenditure	6.80	204.50
Latvia	Electricity	2.90	86.50
Latvia	Other operating expenditure	1.70	52.30
Estonia	Total levelised cost of hydrogen	11.50	345.60
Estonia	Capital expenditure	6.90	206.00
Estonia	Electricity	2.90	87.10
Estonia	Other operating expenditure	1.80	52.60
Lithuania	Total levelised cost of hydrogen	11.50	345.60
Lithuania	Capital expenditure	6.90	206.00
Lithuania	Electricity	2.90	87.10
Lithuania	Other operating expenditure	1.80	52.60
Ireland	Total levelised cost of hydrogen	12.10	362.20
Ireland	Capital expenditure	7.20	215.90
Ireland	Electricity	3.00	91.30
Ireland	Other operating expenditure	1.80	55.00