The Quest for an Energy “Holy Grail”
Utah's power plant will tap into the federal government's 9.5 billion dollars in tax credits for hydrogen production. The power plant claims it will make 100,000 KG of hydrogen per month. This would allow them $300,000 per day in tax credits for making hydrogen from electricity and then burning it to make electricity again.
Making 1 kg of hydrogen from electricity requires 49KWH of electricity.
1 kg of hydrogen makes 40KWH of electricity. Loosing 9 KWH each time the cycle is completed. The largest Energy Boondoggle in history
https://www.powermag.com/aces-deltas-giant-utah-salt-cavern-hydrogen-storage-project-gets-504m-conditional-doe-loan-guarantee/
https://www.nytimes.com/2024/01/12/climate/green-hydrogen-climate-change.html
https://manhattan.institute/article/green-hydrogen-a-multibillion-dollar-energy-boondoggle?gad_source=1&gclid=CjwKCAjwzIK1BhAuEiwAHQmU3twavql1UeC1K1NlvrmKUJ9sh5HgUXkI0aPNhsHUF2TPnbeH5Vw17RoCjcoQAvD_BwE
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On Purpose with Jay Shetty
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