Dear dcasto:
Yes, you are right with your post about the costs when hydrogen is produced by the power generation industry and then used by the power generation industry to generate electricity.
Based upon your post and the numbers that you provide, one can conclude that such hydrogen generation and use is just not economical and cannot compete with the proven power generation technologies on the cost basis.
Let me try one more time to make my point about transitioning to the hydrogen economy.
Here is a part of my earlier post:
"Today, successful, widespread and all the time growing need for computers and computer applications is reshaping the way of living -- lifestyle.
With wireless connection to the Internet and use of computer devices, one can say that there is a huge demand for energy on the go -- this kind of energy demand never existed before on a worldwide scale.
I do believe that the new demand for energy on the go is the key in successfully developing and deploying commercially viable hydrogen fueled applications.
Therefore, hydrogen can be generated from nuclear power plants and renewable technologies (hydro, solar, wind, ocean, biofuel etc.) -- resulting in using less fossil fuel and having reduced greenhouse gas emissions.
In addition to storing hydrogen as compressed gas, new hydrogen storage technologies are being developed that would allow to ship stored hydrogen by express mail with no possibility of having any explosions and/or harmful accidents when handling such stored hydrogen.
Wireless hydrogen fueled applications can be subject to higher cost structure since there is no grid connection required and different convenience fee can be applied.
Such commercially viable operation would generate sufficient funds to deploy other hydrogen fueled application and/or technologies.
New energy demand on the go would generate additional revenues that through the tax system can be used to subsidize other technologies that cannot compete with conventional technologies and require additional capital to be further developed and deployed."
dcasto, I would appreciate if you could give another consideration to my post about how to transition to the hydrogen economy -- using fuels with less CO2 emissions and as a result helping reduce the impact of global warming on the economy and climate ...
Thanks,
Gordan Feric, PE
Engineering Software