We're close to SMR using a conservative graphite price and no carbon price. That's already good enough. The world is gearing up for clean hydrogen and we're probably the only thing that is close to being competitive. So it's a massive market for us to grab.
Electrolysis is miles away from being competitive without massive subsidies. So even the purist of greens will have to accept both biogas and begrudgingly natural gas even if they despise the oil and gas industry. There really are no alternatives, which is why most H2 projects are very small pilots or are simply idling, waiting for either a magic subsidy or technology breakthrough.
It's an exciting time for Hazer.
Hydrogen News, page-6073
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