New Report from KBR Supports Potential for US$1.75/kg Hydrogen from S…

KBR's independent review validates Syntholene's geothermal-integrated hydrogen production at US$1.75/kg under best-case conditions and US$2.10/kg under broad deployment, positioning it below current European green hydrogen benchmarks (US$7.66/kg) and competitive with fossil SMR with carbon capture (US$4.70/kg). The analysis is based on modelling and assumptions rather than commercial operating data, with key risks including SOEC stack degradation and geothermal resource access. If Syntholene's Húsavík facility runs as modelled, hydrogen just became 70% cheaper than today's green benchmark — which means anyone making synthetic fuels, chemicals, or ammonia now has a customer willing to fund a geothermal-colocation playbook. You're selling the eSAF dream; Syntholene is selling the cost curve that makes it real.