Jack_Bolander
I am not aware that Plug Power is investing in the plan to build massive pipeline projects to transport hydrogen, similar to crude oil pipelines. All of the hydrogen investments that I am in are focused on developing technologies that will create hydrogen to power fuel cells or create hydrogen production facilities at the site of distribution/consumption. The article you post is critical of the idea of making hydrogen in one place and using pipelines to move it to other places is better than just moving the electrons using High Voltage Direct Current (HVDC) transmission.
The articles author states in the last paragraph that "What’s going to happen is that HVDC will be used to carry electrons everywhere, and where there’s an industrial demand for hydrogen as a feedstock, it will be manufactured at point of use, just like 85% of hydrogen consumed today."
We all know hydrogen is not cheap to produce, NOW. However Federal tax subsidies are designed to support an emerging energy source, like they have done with solar power and quite frankly continue to do with big oil. Allowing profitability during the incubation phase gives the incentive to do the grunt work in developing this market.
The article is posted by the website CleanTechnica, which is a US-based website dedicated to aggregating news in clean technology, sustainable energy, and electric vehicles, with a focus on Tesla. Competing interests will always try and spin the negative of their rival, we all know Elon Musk is not an advocate of hydrogen. Investors with short interests in the hydrogen market also may have a motive to issue more bad news for the hydrogen industry.
