MAKING THEIR MOVE ...Nuclear industry is eyeing up the hydrogen markets.
Think... does it make sense to use nuclear to make electrcity to make - hydrogen ?
lol
In my opinion, here's a great opportunity for ( plat miners ) to team with other
green energy companies. Cheap hydro power. ( nature made rivers )
One does not need much power to
split water. Hence - underperforming green energies producing limited power could be
used to produce
greater sums of, hydrogen. Would love to see comparison costs - hydrogen production - plats + hydro dams
- wind
- solar
- nuclear
- coal
- nat gas steam reformation
So yeah.... here's another Canadian article ( nuclear + hydrogen production )
If they get their claws into the hydrogen markets = expensive energy bills $$$
Green light: Ontario Tech University supports launch of international nuclear-hydrogen collaboration
February 22, 2023
As the world searches for new sources of reliable and sustainable energy, the development of hydrogen holds great promise. Hydrogen is a highly versatile element, burns cleanly and is widely abundant around the world. However, hydrogen is not found in free-form: it needs to be isolated from other molecules, such as water and methane (natural gas).
In late January 2023, Ontario Tech’s Office of the Vice-President, Research and Innovation (VPRI) joined representatives from 15 countries and international organizations for discussions on the legal and institutional aspects of nuclear-hydrogen, at the International Atomic Energy Agency (IAEA) in Vienna, Austria. Ontario Tech was designated an official IAEA Collaborating Centre in 2021, the only one in Canada among nearly 50 worldwide.
The IAEA’s International Project on Innovative Nuclear Reactors and Fuel Cycles (INPRO) will support the developers of nuclear-hydrogen systems and future users in their effort to accelerate technology development, and identify possible long-term sustainability concerns.
Ontario Tech’s VPRI, Dr. Les Jacobs presented on Canada’s new hydrogen strategy and the role of nuclear within it. Dr. Jacobs also proposed a collaborative research project focused on the important role of so-called ‘Hydrogen Hubs’ in advancing nuclear-hydrogen capacity.
https://news.ontariotechu.ca/archives/2023/02/green-light-ontario-tech-university-supports-launch-of-international-nuclear-hydrogen-collaboration.php Why the Cost of Nuclear Energy is Misunderstood
Exaggerated by critics, exacerbated by bad policy
Lazard, a leading investment and asset management firm, uses Levelized Cost of Energy (LCOE) to
estimate the average cost of various forms of energy. Lazard found that utility-scale solar and wind is around $40 per megawatt-hour,
while nuclear plants average around $175. Because LCOE is often
used to argue for renewables and against nuclear (Lovins and Reuters both use LCOE in the articles referenced above), it requires closer examination.
Another factor that cost analyses like levelized cost of energy miss is the energy density of each form of electricity and the subsequent environmental impact of the facilities themselves. A wind facility would require more than 140,000 acres — 170 times the land needed for a nuclear reactor — “to generate the same amount of electricity as a 1,000 megawatt reactor,” according to the Nuclear Energy Institute. The institute notes that while nuclear requires 103 acres per million megawatt-hours, solar needs 3,200 acres, and wind uses up 17,800 acres.
Considering the LCOE of new sources also misses the comparatively low cost of existing generation, according to a 2019 report by the Institute for Energy Research.
“The average LCOEs for existing coal ($41/megawatt-hour), CC [combined-cycle] gas ($36/MWh), nuclear ($33/MWh) and hydro ($38/MWh) resources are less than half the cost of new wind resources ($90/MWh) or new PV solar resources ($88.7/MWh) with imposed costs included,” the report states. Imposed costs include the need to keep baseload energy like coal or natural gas idling in case the wind or solar are not producing enough energy to meet demand; such costs are often ignored by advocates of wind and solar.
Thus, levelized cost of energy misrepresents the cost of solar and wind as too low, puts nuclear energy’s costs as too high, and misses key parts of the picture.
https://www.mackinac.org/blog/2022/nuclear-wasted-why-the-cost-of-nuclear-energy-is-misunderstood Low cost hydro dams / solar / wind
paired with electrolyzer hydrogen plants
Let's see those statistics vs nuclear.
Ha... first movers with plat electrolizer stats would outshine .
Large green energy companies '
should consider the thought of ( securing ) plat deposits.
Plats electrolyzer + hydrodam = very small footprint
compared to nuclear, solar.