RE:The Uncase for HydrogenYou were right to leave the technicals to REE.
1. It does take a lot of energy to make H2 but they are talking about using renewables which are producing the lowest cost electricity available. They are also talking about using yellow hydrogen made from nuclear so that they do not have to ramp down the reactor when the base load disappears. That is not only cheap electricity is saves money as they pay other utilities to take that electricity off their hands.
2. Propane is far more explosive than H2. Given its chemical makeup C3H8 it is 4 times as volotile and Natural Gas CH4 almost as bad. H2 being lighter than air is safer than propane and the general public accepts it without hesitation.
3 Hydrogen can and is transported in conventional pipelines is lower concentrations. No one said this is happening overnight.
4. Because of above 2 points ....moot.
Its not H2 pushing Enbridge lower its oil....even NG is cleaner. H2 will help elevate Enbridge and provide for its future.
Fantome wrote: Before saying my piece....let me say that I would defer to REE and his technical expertise....
Here is my simple take..
1.....it takes a lot energy to produce hydrogen in its elemental stage and so the math/cost of hydrogen right now would be much more expensive than hydrocarbons. So in the same way that the math for EVs doesn't really work and is why they only have about a 2% market share....the same fate will happen for hydrogen unless hydrocarbons are taxed so much that their price rises relative to the cost of hydrogen...
2....hydrogen gas is explosive and so there will lots of pushback from not wanting anything like that near where they live
3....hydrogen can't be transported in existing conventional pipelines except in lower concentrations...there is a debate as to what that number is..but even the zealots say it is pretty low and hence really uneconomic to transport it in exisitng pipelines.
4....the previous point then means that wholesale use..transportation and delivery of hydrogen will involve the building of new pipelines. We all know the problems of getting pipeline approvals...just imagine the opposition to building a pipeline near your house that could explode with slightest leak!!
When you put all this together...the current craze about hydrogen and bidding up of associated stocks will lesd...IMO and experience to disappointment down the road and a massacre in their SPs at some point in the future...meanwhile stocks like ENB which are undervalued because of the hydrogen craze will become very valuable for the opposite reason...