>HYVR is building reactors, and they are finding ways to lower operating costs, but they are still far, far from being practical in comparison to fossil fuel generators. If you think that the company is making a profit on this reactor at Terra Nova you're kidding yourself.
The base numbers have HYVR's process being at least 6 X more expensive than electrolysis. And that's not even considering the cost of electricity from the nightly surplus (currently spilled over the dams) from the Columbia River system in Idaho, WA, OR... There are numerous, idle, aluminum smelting plants already wired that could be easily converted to electrolysis facilities. Distribution questions aside for the moment.
Off peak production from hydro is a significant, and unfavorable, economic competitor to reduction processes. It's even more severe than "off peak"... They don't even bother to generate because there is no/not much use...
M