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Studies indicate that the production cost of green hydrogen could decrease to €2/kg by 2050, making it competitive with fossil fuels. Currently, green hydrogen prices in Europe range from €6.71 to €7.42/kg, while blue and grey hydrogen are priced at approximately €4.12/kg and €3.33/kg, respectively. Achieving the €2 target hinges on significantly lowering electricity costs, which are not expected to be feasible until after 2050.