Published on 14 Nov 2022

When Singapore burns hydrogen, prices go boom

First published online at The Business Times

Electricity prices are likely to climb to two to three times their current rates if Singapore were to switch out natural gas for low-carbon hydrogen, two experts separately told The Business Times.

That estimate assumes a low-carbon hydrogen cost of US$6.60 per kg and accounts for distribution costs provided domestic hydrogen-compatible infrastructure is already built up, said Chan Siew Hwa, co-director of the Energy Research Institute @ NTU.