Hydrogen News, page-6454

Really like this as the waffle and money thrown at so called Green Hydrogen from Electoyss by the likes of Fortescue Mr T Forest was in my view backing the wrong horse.

"“Virtually unanimously everyone seems to conclude the economics are poor on any of the green hydrogen projects unless you get significant state underwriting for projects,” said Milford Asset Management portfolio manager Jason Kururangi, adding Fortescue’s retreat “makes a lot of sense”."

and
huge failures like "Japan’s boldest push into Australian hydrogen has been in Victoria, where a project to turn brown coal into clean hydrogen using carbon capture and storage has been allocated $2.35 billion of support by the country’s green innovation fund."

Have all cost taxpayers hundreds of millions!

The efficiency charts repeatedly show Hydrogen Pyrolysis as significantly more energy efficient with our patented catalyst of cheap and readily available Iron ore making the current failed Forrest /government and poor share holder of Fortescue with mud in their faces and a lot of capex in the bin!

Green hydrogen too ‘expensive and inefficient’ for energy transition: Alan Finkel (copyright link)

Years ago for long time investors we saw Dr Andreas Bode BASF show this clearly despite BASF not being able to achieve clearly showing hydrogen pyrolysis as energy efficient and the best IF it could be scaled up to commercial scale.


This is not a NA Na Na post for now very much poorer taxpayer, Fortescue share holders or to Mr T Forrest himself. It is a lesson in my view of not just following the hype and stick with great science and engineering excellence by great people at Hazer. The AFR article did have the author Dr Alan Finkle say turquoise hydrogen is still on track or some thing similar. I wonder if Dr Finkle is on our share registry? He clearly knows about Methane pyrolysis