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Extra cost of low-emissions methanol in China and India (IEA)

How much more it cost to produce low-emissions methanol than conventional methanol in 2024, as the IEA states it: in China, around 70 percent more with carbon capture and 160 percent more by electrolysis than unabated coal-based production; in India, 100 percent more by electrolysis than unabated natural gas-based production, the lowest gap the IEA found.

Latest value

160%

China and India, 2024. Version Global Hydrogen Review 2025 (IEA, September 2025; revised October 2025).

As published

“India currently has the lowest cost gap (100%) between unabated natural gas-based production and electrolytic methanol, due to the high cost of imported natural gas.”

Global Hydrogen Review 2025, Chapter 2, the competitiveness of hydrogen technologies (methanol), p. 52. Checked word for word against the stored copy of the document every time the data is rebuilt.

Every value

Extra cost of low-emissions methanol in China and India (IEA), every published value
Low-emissions routeConventional route compared withPeriodValue (%)Status
With carbon capture (CCUS)Chapter 2, the competitiveness of hydrogen technologies (methanol), p. 52: "In the case of China, the world’s largest producer of methanol, the price gap is around 70% for CCUS and 160% for electrolysis compared with unabated coal-based production, which is today’s main production route in the country."Unabated coal-based productionChapter 2, the competitiveness of hydrogen technologies (methanol), p. 52: "In the case of China, the world’s largest producer of methanol, the price gap is around 70% for CCUS and 160% for electrolysis compared with unabated coal-based production, which is today’s main production route in the country."202470final
Electrolysis (electrolytic hydrogen and captured CO2)Chapter 2, the competitiveness of hydrogen technologies (methanol), p. 52: "In the case of China, the world’s largest producer of methanol, the price gap is around 70% for CCUS and 160% for electrolysis compared with unabated coal-based production, which is today’s main production route in the country."Unabated coal-based productionChapter 2, the competitiveness of hydrogen technologies (methanol), p. 52: "In the case of China, the world’s largest producer of methanol, the price gap is around 70% for CCUS and 160% for electrolysis compared with unabated coal-based production, which is today’s main production route in the country."2024160final

Where it comes from

Producer
International Energy Agency · Global Hydrogen Review 2025
Version
Global Hydrogen Review 2025 (IEA, September 2025; revised October 2025)
Fetched
2026-10-08 (automatically), 10,610,820 bytes
Fingerprint
sha256 94f2912332e1e1d6bf0ac9514684cb189b30f1df7ed152505f5f67968413aeb2ETag 0x8DE0B26C4883D5C · Last-Modified Tue, 14 Oct 2025 13:37:06 GMT
Copies
No Wayback copy recorded yet.
Cite the producer
IEA 2025; Global Hydrogen Review 2025, https://www.iea.org/reports/global-hydrogen-review-2025, License: CC BY 4.0

What was done to it

  1. Read the text of the PDF (sha256 94f2912332e1…). Found each of the 2 quoted statement(s) word for word on PDF page(s) 54, and the 2 context sentence(s) the scope relies on, before publishing.

    Code: pipeline/src/envdash/transforms/action/green_premium.py · code sha256 c2e591e4a0510a3d… · inputs 94f2912332e1…

  2. Published each number exactly as printed, with its statement in the value's note. A range 'A-B%' is published as its low end A and high end B (dimension 'bound'); nothing was computed, rounded or combined with any other source.

    Code: pipeline/src/envdash/transforms/action/green_premium.py · code sha256 c2e591e4a0510a3d… · inputs 94f2912332e1…

  3. The IEA calls China's figure a 'price gap' in the same paragraph where it calls the others 'cost gaps'; both describe the levelised cost of production in Figure 2.9.

    Code: pipeline/src/envdash/transforms/action/green_premium.py · code sha256 c2e591e4a0510a3d… · inputs 94f2912332e1…

What it covers

Geography
China and India
Basis
Methanol made with carbon capture or from electrolytic hydrogen (with captured CO2), compared with the country's conventional route: unabated coal in China, unabated natural gas in India. Levelised cost of production in 2024 (the text's present tense, matching Figure 2.9, 'Levelised cost of production of selected materials by technology, 2024'), IEA analysis. Energy costs are regional end-user prices for industry including taxes and charges; no explicit financial support, though support embedded in cost components (such as fossil fuel subsidies) may be included (figure note).
Unit
percent more than the conventional route (%)