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RE:An article discussing how Hydrogen could have helped Texas

[savyinvestor333]

Yah I see Just Energy is taking a $250 million haircut on the Texas Outage. There stock is down 30% today.  And no I do not own it.

llnorth wrote: Here is an article about how hydrogen could have helped Texas


https://www.baystreet.ca/commodities/4524/The-Texas-Cold-Blast-Was-A-Warning-To-Hydrogen-Investors

....But maybe the situation could not have been quite as dire if Texas regulators had taken the pains to develop the state's massive hydrogen potential.

Last year, Frontier Energy, in collaboration with 10 partners including GTI and The University of Texas at Austin, launched three-year projects meant to demonstrate that renewable hydrogen can be a cost-effective fuel for multiple end-use applications. The companies chose to conduct the pilot projects in Texas in order to leverage the state's considerable wind power and solar energy resources; hydrogen pipelines, underground salt-dome storage formations, natural gas infrastructure, international port operations, and a large, concentrated industrial infrastructure.

With the International Energy Agency (IEA) predicting that renewable energy will account for 18% of the world's primary energy by 2035, there's little doubt that the age of renewables has finally arrived. Yet, renewable energy is faced with one major hurdle: It can be highly variable, intermittent, and unpredictable depending on the season, location, and weather conditions.

To solve these grid-reliability and quality issues, renewable energy facilities need to be paired with an energy storage system to provide continuous and uninterrupted energy. An effective energy storage system (ESS) is able to respond to electricity demand fluctuations that occur with daily, weekly, or seasonal cycles; react to intermittency issues from renewable energy grid-connected systems and also recover energy that may otherwise be wasted. ESS is especially critical for large-scale applications in order to improve energy security and also aid in balancing energy prices.

Green hydrogen can be a viable solution for a state like Texas.