The production costs for green hydrogen are currently significantly higher than previously assumed. This is mainly due to high investment costs for electrolyzers. With electrolysis costs of approximately EUR 2,400/kW, production costs in Germany are EUR 244/MWh (approximately EUR 7.3/kg). In Germany, production costs could decrease to around EUR 200/MWh in 2030. Countries in Europe and North Africa with pipeline connections may achieve lower costs than Germany thanks to good renewable energy potential. In the case of shipping, losses during the conversion process and transport may result in significantly higher costs, meaning that maritime imports are considerably more expensive than production in Europe in this scenario. The situation is different for derivatives such as methanol. The cost of importing green methanol to Germany by ship could be less than EUR 400/MWh in 2030, compared to EUR 480/MWh for domestic production. This is shown by a brief analysis by the Institute of Energy Economics (EWI) at the University of Cologne, which was carried out using the EWI Global PtX Cost Tool v2.1.