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Terraform believes that the decline in the cost of solar power will make their process profitable in 2027. Fertilizer & ammonia created using green hydrogen ma
by bryanlarsen 3y ago
Terraform believes that the decline in the cost of solar power will make their process profitable in 2027. Fertilizer & ammonia created using green hydrogen may be profitable earlier, lets say 2026.
Seems to me Terraform made the right call by going for the bigger market.
Edit. It looks like they're not ignoring fertilizer/ammonia either: "The company has ongoing discussions regarding prototyping or selling standalone electrolyzers as separate products"
> On top of that, fertilizers such as ammonia are way easier to ship worldwide than natural gas.
That's a big reason why Terraform is doing natgas. The cost of Natural Gas in most of the world is dominated by the cost of shipping. Terraform can produce locally and bypass shipping costs.