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Green hydrogen right now is green washing. Clean hydrogen production is easy to do, but is more expensive than dirty hydrogen production. When that equation ch
by aperson_hello 4y ago
Green hydrogen right now is green washing. Clean hydrogen production is easy to do, but is more expensive than dirty hydrogen production.
When that equation changes (which it will do eventually), clean hydrogen production will win out and at that time, we'll need infrastructure to support it. The question is just: when will it happen?
- ZeroGravitas 4y agoGreen Hydrogen became cheaper than dirty hydrogen in the US as of the recent Inflation Reduction Act: > The cheapest cost of production for grey hydrogen in the world today comes in at a monthly average price of $1.71/kg in the US Midwest, according to Platts, with green hydrogen in the US Northwest coming in at $3.73/kg. Subtract the $3/kg via the tax credit, and that renewable H2 would cost a developer $0.73/kg to produce.
- aperson_hello 4y agoGood point - Didn't realize IRA addressed that! Though technically it hasn't been signed into law yet and I assume it doesn't go into effect immediately?