Green hydrogen can be cost competitive
We start to understand that much of the assumed cost reductions in Renewable Energy and batteries derive more from China gaming the market plus a heavy dose of very creative accounting. Remove the flimflam and wind, solar and batteries are far from being cheap. The same assumptions get baked into the models for hydrogen now. It’s largely wishful thinking. Lets put it to the test. RE claims that they are cheaper than all other forms of electricity production. Fine, let’s move all subsidies including feed-in tariffs and gratis use of net-capacities to balance the unstable loads. Let’s see how RE thrives without the steady taxpayer-funded money flow. If they can – I will be renewables greatest fan.
