‘The perfect storm’: hydrogen gains ground on LNG as alternative fuel
Does anyone know the price paid for the hydrogen? Hydrogen is expensive to produce in the first place and transporting it is not exactly easy. If you pressurize it, you won’t transport a lot while pushing a lot of steel around and if you liquefy it, you need to get a lot lower than for LNG. This makes LNG look like a race against a snail. So, please throw us some numbers. We like to compare and see what’s in the store for Asian customers.
In March, the Queensland University of Technology made history when it achieved the first export of a small quantity of clean, green hydrogen produced in Australia from renewable energy, to Japanese energy giant JXTG – proving that it was in fact possible.