Betting the farm on Hydrogen, page-8

Think hydrogen will pip battery cars as hydrogen can be added to current petrol stations and only
takes 5 minutes to fill up the car.

It costs an average of USD1.5 million to install one hydrogen pump and the associated equipment..

Hydrogen already been added to USA petrol stations.

A handful of pumps in major cities. In LA Hydrogen costs USD16/kg

https://thedriven.io/2019/03/27/hydrogen-for-light-road-its-got-a-long-way-to-go-on-costs/


Battery cards take to long to charge and batteries need replacing after 10 years which is the cost of the car.

Fuel cells only last a few years.

In Australia the current corporate lease on Toyota Mirai is $21k per year. It is $33k/year for a a Hyundai Nexo. You can't buy one outright.

Green hydrogen to make green steel next year and with China running out of power to make steel we'll take
their sales away from them and to us.

Producers are only making steel in kilogram quantities using hydrogen.

Green hydrogen to make green steel next year and with China running out of power to make steel we'll take
their sales away from them and to us.

Steel is made with coal in blast furnaces. The waste gas is used to produce electricity. China has just approved another 18 new coal fired blast furnaces.

All looking good in my view.

It is a total fantasy.