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If hydrogen is produced from electricity at scale, it won't be used for energy storage. It'll get sold to chemical plants first. They'll pay good prices.
by gmueckl 5y ago
If hydrogen is produced from electricity at scale, it won't be used for energy storage. It'll get sold to chemical plants first. They'll pay good prices.
- pfdietz 5y agoYes, surely that will be a major market. It just makes the case easier for renewables, as that's a major source of dispatchable demand that can smooth variation in renewable output without having to pay a cost for turning it back to electric power later.
- _0w8t 5y agoOr to steel smelters.
- ncmncm 5y agoAnd, anywhere it is used, it will also be stockpiled. And sold back whenever the spot price rises.