Good summary of H2 activity and challenges, but scant attention to the real long term barriers to market development including inefficiency compared to alternatives, poor economics of which many of the variables are nearly impossible to change (in terms of cost) such as energy inputs etc. existing contracts are locked in at rates far to high to work without heavy subsidies. There will be uses for H2 but not some of the ones being pursued. And lastly transport will contribute to poor economics with losses, expense and the sheer number of vessels required compared to LNG for example. Not advocating for LNG, but H2 has a big mountain to climb. It would be far smarter to focus on what it can do rather than trying fit a square peg in a round hole.
Award-Winning Producer & Host | Sustainability, Clean Energy
1moGood summary of H2 activity and challenges, but scant attention to the real long term barriers to market development including inefficiency compared to alternatives, poor economics of which many of the variables are nearly impossible to change (in terms of cost) such as energy inputs etc. existing contracts are locked in at rates far to high to work without heavy subsidies. There will be uses for H2 but not some of the ones being pursued. And lastly transport will contribute to poor economics with losses, expense and the sheer number of vessels required compared to LNG for example. Not advocating for LNG, but H2 has a big mountain to climb. It would be far smarter to focus on what it can do rather than trying fit a square peg in a round hole.