Lower electricity prices from renewables will be the key to reducing the levelised cost of hydrogen (LCOH), W.L. Gore & Associates’ Oliver Teller told a H2 View webinar today.

The UK-based firm specialises in advanced membrane technologies for proton exchange membrane (PEM) and alkaline electrolysers, with the aim of enhancing efficiency, durability and cost-effectiveness.

Teller, the company’s Product Manager in the Clean Business Group, explained that a membrane represents just 1% of the total cost of a PEM electrolyser, and therefore electricity costs need to come down to reduce the LCOH.