Impacts of green Hydrogen

Foreign I want to share a really interesting study that was just published with you the idea is that producing green hydrogen intermittently could be more cost effective than running production Non-Stop how could shutting production down be efficient that's what we're talking about today I'm Steve Hill CEO at new hydrogen the developer of a breakthrough technology to produce low-cost clean hydrogen the study I'm referring to was published in the journal Smart Energy we'll provide a link below

So you can check it out as you've probably heard green hydrogen is gaining significant attention as a promising Clean Energy Solution it's produced by using renewable energy to split water molecules into hydrogen and oxygen without any harmful emissions however the cost of green hydrogen production has been a major challenge a new hydrogen we're all about driving the cost of clean hydrogen down if you'd like

To learn more about how please do Visit us at new hydrogen.com in this study Stanford University authors Jacobson crawland song and cruel make the argument for a unique and somewhat counter-intuitive approach to lowering the cost of green hydrogen production the study suggests that operating electrolyzers only when there is Surplus renewable energy available could be more economical than running them continuously electrolyzers are the devices used to produce hydrogen by splitting water into hydrogen and oxygen molecules the problem with wind and solar energy is

That energy is only available when the wind blows or the sun shines the researchers looked at how that idea could actually be a benefit they found that adjusting the production of green hydrogen to coincide with periods of high renewable energy availability can significantly reduce operational costs basically making hydrogen only when the sun shines and when the wind blows this idea aligns green hydrogen production with the intermittent nature of renewable energy sources by producing hydrogen only when

There is excess renewable energy the need for expensive grid scale energy storage systems or switching renewable energy generation on and off can be minimized the study's findings are based on pretty sophisticated modeling and simulations considering factors like electricity prices hydrogen demand and the intermittency of renewable resources so there is a potential the idea won't work in every instance but when it does this unique production strategy could result in a substantial reduction in the cost of green

Hydrogen how by avoiding the need for constant operation and utilizing Surplus renewable energy the overall cost of production could be significantly lower also something to think about taking this approach requires an intelligent and flexible grid infrastructure capable of managing and optimizing the production and distribution of green hydrogen which in most places isn't a reality yet summing up then what does this mean for the future of green hydrogen hydrogen producers are hyper focused on bringing the cost

Of hydrogen down to the point that it makes sense to split water instead of burning hydrocarbons creative thinking like we see in this research could provide a more cost-effective pathway for scaling up green hydrogen production and driving the energy transition forward as the world continues to embrace renewable energy sources cheap green hydrogen has the potential to play a vital role in decarbonizing very cost sensitive Industries such as Transportation refineries Agriculture and Heating

That's it for today's discussion on the cost effectiveness of producing green hydrogen exclusively when renewable energy is available and remember you can find the full article we discussed in today's episode by visiting the link below if you're interested in learning more about new hydrogens tech that's showing promising results to drive the cost of clean hydrogen down check us out at newhydrogen.com I'm Steve Hill and thanks for joining