Hydrogen price cuts in transport continue
Driving on hydrogen is becoming significantly cheaper than driving on diesel, at least in terms of fuel costs. Fuel-station operator Fountain Fuel is cutting the price of hydrogen by more than 42%, to €10.95 per kilogram. At current diesel prices, a hydrogen car could therefore cost about a third less to run than a comparable diesel car. Hydrogen is also becoming a more financially attractive option for transport companies.
Since October 14, motorists have paid €10.95 per kilogram of hydrogen, including VAT, at Fountain Fuel stations. The previous price was €18.95. Logistics companies will now pay €8 per kilogram, excluding VAT, with additional discounts for high-volume customers.
Fountain Fuel is not the only provider making significant price cuts. In early October, competitor TEAL Mobility had already reduced the price of hydrogen to €9.95 per kilogram at nine stations in the Benelux. These price cuts point to a broader trend: hydrogen is becoming increasingly affordable at the pump.
The price reduction makes a substantial difference. According to Fountain Fuel, a hydrogen-powered passenger car can travel about 550 kilometers on five kilograms of hydrogen. A full tank therefore costs €54.75.
That works out to €9.95 per 100 kilometers, significantly less than diesel, based on a comparable calculation. According to Statistics Netherlands (CBS), the average price of diesel in the Netherlands was €2.48 per liter on October 12. A diesel car that uses six liters per 100 kilometers would therefore cost almost €14.90. In this example, hydrogen fuel costs are about a third lower.
This comparison covers fuel costs only. Purchase price, depreciation and maintenance costs are not included. Actual fuel consumption also varies by vehicle and driving conditions.
