Ann: The Hydrogen Utility and Iron Road in Cape Hardy Development, page-5

First 5 Last

Share
Profile

Follow
hummms

1,529 Posts.

32

07/03/20

17:25

Post #: 43360575
Share

Originally posted by hindmost: ↑

It has taken me a while to get round to this (lots of other things on my plate). Yes, the document you cite does provide the answer to the question will the hydrogen facility be totally uneconomic? Its answer is Yes, it will be totally uneconomic.

They write all sorts of waffle about how good it's going to be in future, but their table of energy content gives the game away. They show Liquid Hydrogen (LH) having energy content 120 MJ/kg - way above the other fuels they cite. Yippee! LH is the winner! But LH has a specific gravity (sg) of only 0.07. LNG - next in their table at 54.4 MJ/kg - has a sg of nearly 0.5. So LNG is 3* as effective by volume as LH. And volume is a much better guide than weight to costs of transport and storage. The equations for other fuels is similar - petrol or diesel about 4*, coal (which they omitted from their table - I wonder why) about 9*.

Will the cost of producing a litre of LH be as little as 1/3 of the cost of producing a litre of LNG, 1/4 of petrol or diesel, or 1/9 of coal? I sincerely doubt it. It will only be viable with massive subsidy, and I suspect that long before this project gets seriously underway the public will have long tired of pouring vast amounts of their hard-earned taxes into green boondoggles.

Expand

Hindmost,
I think the jury is still out.
Maybe hydrogen is a gamechanger for our children.

https://indaily.com.au/news/2019/09/25/south-australia-looks-to-take-lead-in-green-hydrogen-race/

https://www.abc.net.au/radio/programs/nightlife/hydrogen---fuelling-the-future/12031204

IRD Price at posting: 5.2¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

DEL

Delorean to begin selling carbon offsets under regulation changes

Wednesday's HotCopper trends: DroneShield in Europe, Humm sale | June 25

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

GRE

Juicy copper-zinc target brings GreenTech closer to near-term Whundo production

First 5 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 2.6¢		Change -0.006(18.8%)		Mkt cap ! $24.86M

Open	High	Low	Value	Volume
3.2¢	3.2¢	2.5¢	$37.31K	1.236M

Buyers (Bids)

No.	Vol.	Price($)
1	5832	2.6¢

Sellers (Offers)

Price($)	Vol.	No.
3.1¢	61551	1

View Market Depth

No.	Vol.	Price($)
1	5832	0.026
2	241964	0.025
1	595238	0.021
1	30000	0.020
1	500000	0.002

Price($)	Vol.	No.
0.031	72412	2
0.032	26867	2
0.033	39212	1
0.034	499	1
0.040	29966	2

Last trade - 15.57pm 25/06/2025 (20 minute delay)

IRD (ASX) Chart

Ann: The Hydrogen Utility and Iron Road in Cape Hardy Development, page-5

Delorean to begin selling carbon offsets under regulation changes

Wednesday's HotCopper trends: DroneShield in Europe, Humm sale | June 25

Australia’s gas crisis is here – and dying coal plants aren’t helping

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Juicy copper-zinc target brings GreenTech closer to near-term Whundo production

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: The Hydrogen Utility and Iron Road in Cape Hardy Development, page-5

Top Stories

Delorean to begin selling carbon offsets under regulation changes

Wednesday's HotCopper trends: DroneShield in Europe, Humm sale | June 25

Australia’s gas crisis is here – and dying coal plants aren’t helping

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Juicy copper-zinc target brings GreenTech closer to near-term Whundo production

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News