Hydrogen can be a clean fuel for heavy duty trucking. The target price for rapid adoption is $4-$5/kg, yet right now hydrogen costs $13-$16/kg at refuelling stations in California. Cutting the cost of making the hydrogen is proving slow. But Ted McKlveen and Bav Roy at Verne, writing for WEF, show that the production only accounts for 15% of the cost at the pump. Roughly 50% of the cost is from running the pump station (equipment like compressors … [Read more...]
Where can Europe get its Gas if Russia cuts off supplies?
What impact will the confrontation between Russia and NATO over Ukraine have on Europe’s energy security? Russia provides nearly half of Europe’s natural gas, and Moscow could tighten the flow if hostilities break out. If that happens, where would Europe get its gas from? Amy Jaffe at Tufts University looks at the constraints on global LNG supply (mainly liquification and regasification capacity), the global ability to redirect shipments to … [Read more...]
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