Hydrogen

mullokintyre said:

Origin Energy has joined the exodus from the Hydrogen bandwagon.
From Evil murdoch press
Origin Energy is abandoning its ambitious plans to develop hydrogen in the country’s industrial heartland in another blow to the Albanese government’s dreams for the energy source to help drive the transition to net zero.
The group said on Thursday that the decision to exit the proposed Hunter Valley Hydrogen Hub project reflected uncertainty around the “pace and timing of development of the hydrogen market” and the risks associated with developing capital-intensive projects of this nature.

It comes after billionaire Andrew Forrest earlier this year cancelled his own green hydrogen targets in a major business backdown that resulted in the loss of 700 jobs at his flagship company Fortescue.

Origin chief executive Frank Calabria says the company had worked hard to evaluate the investment case for hydrogen and continued to believe hydrogen could play a role in the future energy mix.

“However, it has become clear that the hydrogen market is developing more slowly than anticipated, and there remain risks and both input cost and technology advancements to overcome,” said Mr Calabria. “The combination of these factors mean we are unable to see a current pathway to take a final investment decision on the project.”
Mick

Click to expand...

JohnDe said:

Competition: The cost of electricity production from renewables is coming down faster than anticipated, and the Australian voter is warming to the idea of nuclear power stations.

Click to expand...

Smurf1976 said:

That's not competition however, that's the input.

Cheaper electricity is exactly what's needed to lower the cost of hydrogen production.

That said, a key risk is politics and that goes for both renewables and nuclear since both depend on government given the highly politicised nature of the issue and that, in the case of nuclear, it's a direct government project.

Click to expand...

Garpal Gumnut said:

I feel I need to get up to speed with Hydrogen and Hydrogen related stocks both on the ASX and in overseas markets.
It is somewhat of a black hole in my knowledge

Click to expand...

Garpal Gumnut said:

Could any ASF members appraise me of its present state as a future green fuel, as an investment , and that of the attendant stocks which may benefit from its use as fuel and in industry generally.

Click to expand...

Dona Ferentes said:

ditto

green fuel ... long way off, seems to be the general consensus. Am glad others chased it, not me

now, the following is left field stuff, and I don't have any insights.

Hydrogen and longevity​

the Americans, read cashed up start up mashed up up'n ups, are throwing money around, thinking they're going to solve things like healthy aging... . Here's one ..
"A lot of research says we need more hydrogen, as Patrick explains in detail. Basically, it helps get rid of free radicals."
:

Patrick Cox on Hydrogen (H2) Therapy - Transformative Age

m.mauldineconomics.com

.

Click to expand...

"This article is probably already too long."

and

" That said, I use Dr. Mercola brand Molecular Hydrogen almost as soon as I wake up every day. I drop the pill into about 1.5 liters of water and breathe the escaping hydrogen until it is dissolved. Then I drink the hydrogen-rich water immediately, usually without pausing even to breathe. This provides a dose roughly equivalent to those used in most of the clinical trials cited above. I buy mine from Amazon and pay 0.41 cents per day."

Dona Ferentes said:

ditto
healthy aging... . Here's one ..
"A lot of research says we need more hydrogen, as Patrick explains in detail. Basically, it helps get rid of free radicals."
:

Patrick Cox on Hydrogen (H2) Therapy - Transformative Age

m.mauldineconomics.com

.

Click to expand...

mullokintyre said:

I agree, those bloody radicals should have been locked up years ago.
Starting with Lydia.
Mick

Click to expand...

Pure Hydrogen trucks deeper into US EV heartland​

• Pure Hydrogen has reached terms to negotiate EV supply into US markets
• The MoU lays expectations for CY2025 supply
• Third US agreement validates market-building strategy

TimeISmoney said:

There are Hydrogen startups getting off the ground, but the biggest problem I see they face is the cost of making it, which isn't sustainable in this present day. Not an energy resource I've done a lot of research into but I can see how it could be useful in environments where you can't run electrical cabling and the weight or space of batteries can become problematic.

Click to expand...

Smurf1976 said:

The basic problem is that hydrogen produced via electrolysis is a derivative of electricity with significant losses added on top.

That is, the energy produced by burning the hydrogen is far less than the energy required to produce it. It thus has value for its portability but cost is problematic due to that physical aspect.

Click to expand...

Smurf1976 said:

The basic problem is that hydrogen produced via electrolysis is a derivative of electricity with significant losses added on top.

That is, the energy produced by burning the hydrogen is far less than the energy required to produce it. It thus has value for its portability but cost is problematic due to that physical aspect.

Click to expand...

TimeISmoney said:

There are Hydrogen startups getting off the ground, but the biggest problem I see they face is the cost of making it, which isn't sustainable in this present day. Not an energy resource I've done a lot of research into but I can see how it could be useful in environments where you can't run electrical cabling and the weight or space of batteries can become problematic.

I've been watching Pure Hydrogen Corporation Limited for a while and it seems to be flying under the radar.

Note* (Not holding)

Click to expand...

Value Collector said:

I think that over time it’s going to make sense to electrify everything that can be electrified, and over build renewables to power it, and then produce hydrogen for only for the things that can’t be electrified and make that hydrogen with the spare electricity that can’t be used or stored at certain times.

Click to expand...

Japan cuts off Australian hydrogen supply – reports
Two large Japanese corporations have withdrawn their support for Australian hydrogen projects within days of each other – amid continued investment into fuel-cell cars by Toyota.

A multibillion-dollar deal to supply Japan with hydrogen appears to be in tatters.

First reported by The Age, a trial to supply Kawasaki Heavy Industries with 'brown hydrogen' – created from coal using converted powerplants – has been abandoned, according to Japanese news outlet Nikkei.

The plan involved converting brown coal to liquefied hydrogen in Victoria's Gippsland region, to be transported via specially-built ships out of Hastings – providing Japan's industry with a steady supply of clean-burning hydrogen.

Japanese car giant Toyota has been one of a handful of manufacturers pushing for hydrogen to be adopted as an alternative fuel – either replacing petrol with internal-combustion engines, or used in conjunction with fuel-cells to convert hydrogen to electricity.

However, it now appears Japan's Kawasaki Heavy Industries has walked away from the deal with Victoria, with local media claiming it had become "difficult to produce hydrogen in Australia within the deadline".

The Victoria Government provided $50 million of start-up capital to the program – in an effort to support jobs in the La Trobe Valley, home to coal-fired powerplants – while the Japanese Government pledged an investment of $2.35 billion.

It's just the latest Australian hydrogen project to be abandoned by Japanese partners in a matter of days.

Nikkei Asia reports Japanese utility company Kansai Electric Power has also withdrawn from a project to produce green hydrogen.

Unlike brown hydrogen, derived from brown coal, green hydrogen is created from water – with the process to be powered by a combination of wind and solar power.

Named the Central Queensland Hydrogen Project (CQ-H2), the facility is set to be based in Gladstone, with significant support from state and federal governments, as well as large investments from overseas partners.

Kansai was part of a consortium with other Japanese firms including Iwatani and Marubeni, an infrastructure company from Singapore called Keppel, and the Queensland State-owned utility corporation Stanwell.

According to the report, Kansai cited higher costs of hydrogen production identified during engineering project planning, which had increased since the original feasibility study conducted in 2021.

It's assumed the project will continue without the support of Kansai, given it has already received a commitment of $117 million from government and consortium partners, and is eligible for more than $2 billion in federal grants.

Click to expand...