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- Apr 24, 2020
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Because the best-case efficiency of H20 to H2 is 70% (using expensive catalysts), plus the efficiency of that Fuel Cell is only 50%. Add in the losses to transport H2 from a big electrolysis factory to your local gas station (15% higher losses than just sending it over power lines)
And? The price of electricity swings by like 300% daily. Use the cheap electricity when its available, and then turn off the plants when its expensive.
Having a 40% efficient process but using electricity that's 33% the cost is still a net-winner from a market perspective. There's not enough "storage" or "elastic demand" going on in our power-grids. Such a workload would be a very good thing. H2 Electrolysis could be a "reverse peaker plant", effectively doing the job of energy storage.
Cause you choose to disbelieve reality. Over-and--over again!
You're ignoring the market realities of our utility system and the price of electricity in your analysis. We have an energy storage problem, a rather large and difficult one mind you. H2 provides us the ability to solve two birds with one stone: storing cheap "off-peak" energy in the form of H2, then burning it in our transportation network.