FMG 0.49% $22.59 fortescue ltd

Iron ore price, page-34684

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    It's a fair and good question, but I say it is not important.
    Some call it a variety of blur hydrogen.

    my thoughts
    • Hydrogen is best as a storage of energy
    • hydrogen is great for moving from low cost areas to high cost areas
    • nuclear is best as a consistent steady baseload (imo)
    • hydrogen creation is inefficient, so a waste of good base load if created with nuclear
    • hydrogen should be created by the cheapest of electrical generation, perfect for taking peak load away from solar when it's not needed by the grid.
    • solar power at midday is much much cheaper than nuclear
    • Some hydrogen will be produced by nuclear for sure, but there will probably be rules in place to say it is not 100% green
    • Studies show nuclear hydrogen has about the same cost base as renewable hydrogen
    • Nuclear should be used to replace coal imo
 
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