Q:
Why is hydrogen a better alternative than oil and gas in circumstances such as the one we are living in today (the war on Ukraine) as well as in cases of problems with transportation lines in the world?
I hope the idea is clear and I apologize if it is not.
A: Troy MacDonald COO
Hydrogen contains enough energy to replace fossil fuel. It also provides regions with ample water supply an opportunity to split the water into Hydrogen and Oxygen and use the resulting Hydrogen gas as a fuel instead of natural gas, coal or diesel. Hydrogen is a promising fuel that would allow nations to produce their own fuel simplify trade, politics, logistics/transportation, price manipulation and more. The technology required to cost effectively split the water is the critical issue. Conventional methods essentially require $3-$4 in electricity “in” (consumed by an electrolyzer) to get $1 of electricity out (hydrogen fuelled turbine, generator or boiler). While burning hydrogen produces no C02 or CH4 emissions this economic ratio is extremely problematic and is the core metric that W2H2 seeks to invert once commercialized.
Incredible challenge = incredible opportunity.