But has anybody crunched the numbers to see if this can be done economically?
So the road is not only long, but also expensive.
The cost of producing and installing electrolysers for green hydrogen production in China, the US and Europe — three of the world’s biggest markets — has risen by more than 50% compared to last year, research house...
...o generate electrical energy through wind and solar, and using that energy to make hydrogen, would be an exercise in nothing less than . . . profligate stupidity.
Such a lousy EROEI (energy return on energy invested) should immediately disqualify hydrogen from serious energy policy discussions.
"... The “hourly matching” rule will force hydrogen producers to either cease production when renewables are not available ... or sign up for excess renewable power ..."
I’ve NEVER seen incentives that represent 90% of new vehicle price.
...whether it is ten times as expensive as the stuff produced from natural gas, or only five times as expensive, doesn’t really matter.
From The Daily Caller NICK POPECONTRIBUTOR The Biden administration proposed eligibility rules for hydrogen industry subsidies Friday, but some conditions may ultimately stymie innovation and production of the technology,...
“Despite the funding, the economic viability of the plant for green hydrogen production on an industrial scale is not given, according to the investor consortium,” summarizes Blackout News.
Advocates appear to believe that a landslide of money can create a new green fuel industry. But a hydrogen fuel industry, if created, will be small and based entirely on government subsidies, not sound economics.
Renewable hydrogen will "struggle to compete" unless fossil fuel hydrogen production is restricted.
"The EPA is overestimating how quickly technological advances may occur in “green” hydrogen... as well as in carbon capture and storage, or CCS"
These proposed methods to allow combustion power plants to continue to exist are not real and can never work. EPA intends to force the closure of all such electricity generation facilities.
But how environmentally friendly is hydrogen really?
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