this post was submitted on 17 May 2024
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It is not a 'gamble' right now. It is just 'plain stupid' right now.
The opposite is true. There is no alternative to carbon neutrality and hydrogen will be needed in huge amounts to decarbonize certain sectors in industry and transport.
The problem are the insane amounts of story tellers that either pretend it will not work at all or that it's some magic solution so people can keep burning just another kind of gas without having to change anything. And both actually tell the same story: give up and stick with fossil fuels because it makes us rich.
There are 2 key messages in the article:
In most countries we are NOT at the point to able to spend excess electricity.
Gas & oil companies do not care what you put into your cars, machines, etc. As long as you buy it from them. And if it does not work... oh well, they can continue selling Gas&oil as long as needed, damn the consequences😉
Bonus: All planned 'green hydrogen' facilities worldwide until 2035 will cover about 10% of Germany's demand: https://www.pik-potsdam.de/members/Ueckerdt/E-Fuels_Stand-und-Projektionen_PIK-Potsdam.pdf
Your bonus is for e-fuels, which is not hydrogen, but basically currently oil based fuels, like petrol, kerosin and so forth made from hydrogen and CO2 using electricity.