FMG 1.26% $18.75 fortescue ltd

Has Andrew Forrest's green hydrogen dream evaporated?, page-16

  1. 530 Posts.
    lightbulb Created with Sketch. 41
    "1 The cost of energy to produce green hydrogen is far lower than the cost of electricity to charge a battery. That's because hydrogen can be produced at the generator, while a battery has to be either charged or discharged through an electrical network that has cumulative losses of up to 20%. In addition there is the capital infrastructure cost of the poles and wires that make up the physical network. These costs don't apply to hydrogen production."

    Can you explain what you mean by Hydrogen being produced at the generator.?
    Do you believe every vehicle will be fitted with its own Hydrogen generating facility to fuel it along?
    And as for a need for Electrical connection infrastructure, poles and wires. That infrastructure is mostly already all there, with only relative minor maintenance costs to keep it in place.

 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.