A TV interview of a Los Angeles-area fuel cell electric car driver.
While still in its infancy, power-to-gas provides a promising approach to convert renewable power into “green” hydrogen and methane, furnishing the renewables sector with a potentially lucrative array of end-uses. A newly announced set of dramatically larger and ambitious projects indicate it has made serious inroads within the energy transition.
“Our findings confirm the prediction that the production and application of hydrogen will develop just as rapidly in the next decade as was the case with wind and solar energy in the nineties,” Reichelstein said.
The other reason hydrogen energy is so interesting is that costs have come down dramatically — the cost of producing it from renewable power was 40 times as expensive as the equivalent amount of oil in 2000 and 15 times in 2010. Today we are looking at hydrogen energy being twice the cost of oil, and there is a clear…