Explosion at hydrogen fuel plant damages 60 nearby homes in Catawba County

[Cirsium]

1. The hydrogen zombie

The hydrogen zombie has risen again and is stalking the land. Will it ever die once and for all?

Hydrogen Subsidies Skyrocket to $280 Billion With US in the Lead

Subsidies announced for low-carbon hydrogen – a critical input for a decarbonizing world – have quadrupled over the last two years to cross $280 billion, according to the latest update from BloombergNEF. The US stands far ahead of every other country, with the $137 billion expected to flow to eligible projects over the next 10 years making clean hydrogen cheaper for the whole world.

The US edge comes from the compelling offer of $3 per kilogram of low-carbon hydrogen produced – promised under the US Inflation Reduction Act. BNEF currently estimates the cost of clean hydrogen production at $2.3 to $4.8 per kilogram. The US support makes low-carbon hydrogen competitive with hydrogen from natural gas, enables economies of scale and drives the technology down the cost curve, changing the hydrogen landscape for everyone.

Yes my friends, I believe that water will one day be employed as fuel, that hydrogen and oxygen which constitute it, used singly or together, will furnish an inexhaustible source of heat and light, of an intensity of which coal is not capable. When the deposits of coal are exhausted we shall heat and warm ourselves with water. Water will be the coal of the future.

— Jules Verne, The Mysterious Island (1874-5)