I don't see hydrogen playing any role for energy storage or grid demand balancing. Even if all the technical and engineering challenges associated with storing and transporting it safely could be addressed, I just don't see how the economics of green hydrogen is supposed to work. The round-trip energy efficiency of electrolysis-fuel cell is poor - currently about 40%. The counter-argument is that such inefficiency do…
Is it? I always thought that it was always op-ex, because you need to burn two joules of energy, in order to produce one joule of hydrogen-potential energy.
Which, in a world where you can dig coal out of the ground for $30/tonne, is uneconomic.