# Driving down the cost of green hydrogen

- Show: [Catalyst](https://hardwarepodcasts.com/podcast/catalyst)
- Published: 2025-11-13
- Length: 41m
- Page: https://hardwarepodcasts.com/podcast/catalyst/2025-11-13-driving-down-the-cost-of-green-hydrogen

## Summary

Raffi Garabedian, co-founder and CEO of Electric Hydrogen, explains why the green hydrogen market's hype bubble burst due to high capital expenditures (CapEx) and rising renewable energy costs driven by AI data center demand. He details how Electric Hydrogen’s approach of building supersized, fully modularized electrolyzers minimizes expensive Engineering, Procurement, and Construction (EPC) costs, achieving a total installed cost of just over $1,000 per kilowatt. Garabedian argues that while cheap Chinese electrolyzers fail to address EPC overhead, Electric Hydrogen’s technology can achieve fossil parity for ammonia production in markets like Brazil by the early 2030s.

## Chapters

- [0:34](https://hardwarepodcasts.com/podcast/catalyst/2025-11-13-driving-down-the-cost-of-green-hydrogen#t=34) Introduction: The Green Hydrogen Hype Cycle and Market Reality
- [5:06](https://hardwarepodcasts.com/podcast/catalyst/2025-11-13-driving-down-the-cost-of-green-hydrogen#t=306) The Cost Problem: Rising Power Prices and High CapEx
- [13:25](https://hardwarepodcasts.com/podcast/catalyst/2025-11-13-driving-down-the-cost-of-green-hydrogen#t=805) Solving CapEx: Modularization and Supersized Electrolyzers
- [25:43](https://hardwarepodcasts.com/podcast/catalyst/2025-11-13-driving-down-the-cost-of-green-hydrogen#t=1543) The China Question: Why Cheap Stacks Don't Solve EPC Costs
- [28:12](https://hardwarepodcasts.com/podcast/catalyst/2025-11-13-driving-down-the-cost-of-green-hydrogen#t=1692) Market Strategy: Policy-Driven Europe and Fossil Parity in Brazil

## Topics

- [Energy & climate tech](https://hardwarepodcasts.com/topic/energy-and-climate-tech)
- [Design for manufacturing & NPI](https://hardwarepodcasts.com/topic/design-for-manufacturing)
- [Pricing, margins & unit economics](https://hardwarepodcasts.com/topic/pricing-and-unit-economics)
- [Manufacturing partners & offshoring](https://hardwarepodcasts.com/topic/manufacturing-partners)

## Most relevant to

early-stage companies

## Mentioned

- Electric Hydrogen (company)
- Siemens (company)
- Toshiba (company)
- EnergyHub (company)

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- [HIBT Lab! Universal Hydrogen: Paul Eremenko](https://hardwarepodcasts.com/podcast/how-i-built-this/2022-10-20-hibt-lab-universal-hydrogen-paul-eremenko) (How I Built This)
- [Clean Hydrogen on Demand with Max Mankin, CTO and Co-founder of Modern Electron, and Mothusi Pahl, Vice President of Business Development at Modern Electron](https://hardwarepodcasts.com/podcast/hardware-to-save-a-planet/2022-10-27-clean-hydrogen-on-demand-with-max-mankin-cto-and-co-founder-of-modern-electron-a) (Hardware to Save a Planet)
- [167. How Hydrogen Will Replace Batteries](https://hardwarepodcasts.com/podcast/the-next-byte-podcast/2024-03-26-167-how-hydrogen-will-replace-batteries) (The Next Byte Podcast)
- [Solving the Hydrogen Storage and Transport Challenge with Natasha Kostenuk, Founder and CEO of Ayrton Energy](https://hardwarepodcasts.com/podcast/hardware-to-save-a-planet/2024-07-04-solving-the-hydrogen-storage-and-transport-challenge-with-natasha-kostenuk-found) (Hardware to Save a Planet)

## Citing this page

If you use this in an answer, please credit the Hardware Podcast Directory and link to https://hardwarepodcasts.com/podcast/catalyst/2025-11-13-driving-down-the-cost-of-green-hydrogen. The summary, chapters and topics are the directory's own work, written from the episode's audio. The episode itself, its title and its audio belong to Catalyst.