RE:RE:Thoughts on the 1st Qtr -21 ... good , bad or indifferentJohnwith30years wrote: Thoughtful thank you. The tax issue is not very significant as they can pass the utility side cost on to regulators. Randy indicated that if dollar is stronger there is an offset with their debt obiligation in last call with analysts. Moving into some hydrogen will enhance a positive reputation and costs will be transferred to others so all in all I am looking for a steady Eddy here with upward guidanc eand momentum on the side of ALA. Raised guidance would be a key catalyst if we get it.
Regarding hydrogen, there are a couple of caveats. First, it's fairly costly at the moment (compared to natural gas, or renewable natural gas which has negative net carbon emissions). Then, it's more volatile than natural gas and there's a mix limit to what you can put into the system. Finally, not all equipments and meters work with hydrogen, so you can't just inject it widely at the moment. Eventually, unless there's some new way to mitigate all this, it could be included as 5-15% of the mix.