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Environment & Energy
Related: About this forumHydrogen's Role in Addressing Australia's Energy Crisis
Hydrogen's Role in Addressing Australias Energy Crisis
INN | Dec. 23, 2024
Australias energy crisis is characterised by gas shortages and soaring prices that have persisted into 2023. This predicament stems from a combination of factors, including delayed maintenance of generation plants, flooding of coal mines, high international prices for natural gas and coal and increased demand during colder weather. These pressures have caused substantial disruptions in the energy supply chain, severely affecting the stability of the country's east coast energy market.
While the Australian Energy Regulators have noted some improvements compared to the previous year, many vulnerabilities persist. Gas and electricity supply issues remain critical, prompting discussions around the need for expedited government reviews of energy reliability and infrastructure investments. The ongoing crisis poses serious concerns not only for energy security but also for the broader economy, with predictions suggesting that energy costs could further drive inflation and impact growth prospects
Investor takeaway
The continuously evolving global energy landscape is creating new investment opportunities in the clean hydrogen space, representing not just a potential solution to immediate energy crises but also a strategic positioning for the future of energy. Companies like BPH Energy, through their targeted investments in hydrogen technologies, are at the forefront of this transition, offering investors exposure to a sector poised for significant growth and impact.
As Australia grapples with its energy crisis and seeks to transition towards a low-carbon future, clean hydrogen emerges as a promising solution with substantial investment potential. The convergence of market growth projections, supportive policies and the pressing need for sustainable energy alternatives creates a compelling narrative for investors looking to participate in the clean energy revolution...more
https://investingnews.com/hydrogens-role-in-addressing-australias-energy-crisis/
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Hydrogen's Role in Addressing Australia's Energy Crisis (Original Post)
Caribbeans
Tuesday
OP
Think. Again.
(19,131 posts)1. K&R
NNadir
(34,843 posts)2. Australia will make hydrogen from their richest source of primary energy other than uranium and thorium, coal.
Anyone encouraging hydrogen in Australia clearly doesn't give a flying fuck about the collapse of the planetary atmosphere.
Of course, since hydrogen destroys exergy when it's made, this is true of people hyping hydrogen anywhere on the planet.
It's a filthy fuel:
The caption:
Figure 1. Global current sources of H2 production (a), and H2 consumption sectors (b).
Progress on Catalyst Development for the Steam Reforming of Biomass and Waste Plastics Pyrolysis Volatiles: A Review Laura Santamaria, Gartzen Lopez, Enara Fernandez, Maria Cortazar, Aitor Arregi, Martin Olazar, and Javier Bilbao, Energy & Fuels 2021 35 (21), 17051-17084]
It should disgust any decent human being.
A Giant Climate Lie: When they're selling hydrogen, what they're really selling is fossil fuels.