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If there is anything more stupid then hydrogen fuel it has to be getting it from the Saudis. We need to stop relying on autocratic shitholes.
The economics do not make sense. This is a fluff piece.
I know. It always is with hydrogen. I hardly makes sense as a rocket fuel and it's a terrible excuse for a battery (which is what Germany really needs with all the renewables). It's just dumb.
I never said anything about hating the Saudi's. I said hydrogen as a general energy source doesn't make sense at the moment.
The only cheap hydrogen is grey hydrogen which helps nobody at the moment, might as well just import oil/gas instead. "Green" hydrogen is not cost effective, even with solar prices where they are - why not just build a subsea power cable if Saudia Arabia wants to send energy to the EU? It would probably be cheaper and more efficient in the long run.
Your links to household energy prices are dumb - what natural resource do most middle east states have that EU countries (e.g. Germany) do not have in such vast quantities? I'll give you a hint, it's used for energy production...
EU prices are currently high because the EU rejected its cheapest source of energy because the supplier turned out to be a cunt.
I don't know if turning to another autocratic regime will be better for it in the long run, what do you think?
We can get back on topic :) Green hydrogen still doesn't make sense compared to direct use of energy, except in some cases (steel production and long haul flights are normally quoted as these use cases)
Hydrogen requires 40 kWh of electricity to produce 1 kg (equivalent to ~ 29 kWh). So you have lost around 30% just at production. Then you need to compress and cool is significantly to transport, which requires again significant energy and then you need to actually move it which is again energy intensive.
It would be far more efficient to simply use some areas where renewables can be built out in significant proportion and then transport the (e.g.) electricity directly to the exchange via HVDC cables where it is needed. And where hydrogen is still viable, it can be electrolysed closer to the use case.