Methane pyrolysis and water electrolysis offer alternative hydrogen pathways to methane reforming that utilise renewable power and avoid generating carbon dioxide (CO2). On a scope 1 and 2 basis, both technologies have the potential to generate carbon neutral emethanol fuel when combined with biogenic CO2. However, pyrolysis requires significantly less energy and has a lower capital expenditure (CAPEX). Being a more nascent technology, it also has upside potential for cost reductions and valorisation of the solid carbon by-product can yield lower hydrogen costs than the incumbent technology, however, limited demand from existing markets is a potential constraint. Industry decarbonisation is constrained due to a lack of available renewables and hydrogen infrastructure. Pyrolysis offers a potential cost-effective use of the available renewable assets in the early stages while the carbon by-product is not a constraint and until sufficient renewable infrastructure is in place to support water electrolysis at a cost-effective scale.