Shanxian Chemical
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Cost Of Hydrogen Per Gallon
On the Consideration of the Cost Per Gallon of Hydrogen
The progress of the world, together with energy, hydrogen has become more and more attention. Its cost per gallon is related to various factors, which cannot be ignored.
First and the way of production. If you get hydrogen by electrolyzing water, the cost of electricity is the most important. The price of electricity varies with the region and time period. Suppose that the price of electricity in a certain place is high, and the cost per kilowatt-hour is quite high. By electrolyzing water, the cost of hydrogen production will increase. The energy consumption of electrolysis is directly related to the cost per gallon of hydrogen. If electricity is cheap, or a new type of high-efficiency electrolysis technology comes out, and the energy consumption decreases sharply, the cost of hydrogen is expected to drop.
Furthermore, the method of storage. Hydrogen is light in quality, and special containers and conditions are required for storage. High-pressure hydrogen storage, the container material is excellent, pressure-resistant and explosion-proof, and the cost of this device is also shared in the cost of hydrogen. Low-temperature liquefied hydrogen storage, energy consumption required for refrigeration, also adds to the cost. And during the storage process, there may be a risk of leakage, losing part of the hydrogen source, and also causing the cost per gallon to rise.
The route of transportation also affects the cost. Pipeline transportation of hydrogen requires a lot of manpower, material resources and financial resources to lay pipelines in the early stage. If the transportation distance is long, the loss and maintenance costs on the way are included in the cost per gallon of hydrogen. And vehicle transportation, vehicle purchase, fuel consumption, labor costs, etc., all make the cost complex and variable.
At the end of use, market demand and scale effects also affect the cost per gallon of hydrogen. Demand is limited, production scale is limited, and the fixed cost per unit product is high. If the market is booming, demand increases greatly, production scale expands, and equipment utilization increases, unit costs may decrease due to scale effects.
Therefore, the cost per gallon of hydrogen, production, storage, transportation, and market are intertwined. To reduce its cost, it is necessary to study and improve in all aspects, seek technological breakthroughs, and seek expansion of scale, so as to make hydrogen more competitive in the field of energy, and it can be used by the world to promote the prosperity of the energy industry.
The progress of the world, together with energy, hydrogen has become more and more attention. Its cost per gallon is related to various factors, which cannot be ignored.
First and the way of production. If you get hydrogen by electrolyzing water, the cost of electricity is the most important. The price of electricity varies with the region and time period. Suppose that the price of electricity in a certain place is high, and the cost per kilowatt-hour is quite high. By electrolyzing water, the cost of hydrogen production will increase. The energy consumption of electrolysis is directly related to the cost per gallon of hydrogen. If electricity is cheap, or a new type of high-efficiency electrolysis technology comes out, and the energy consumption decreases sharply, the cost of hydrogen is expected to drop.
Furthermore, the method of storage. Hydrogen is light in quality, and special containers and conditions are required for storage. High-pressure hydrogen storage, the container material is excellent, pressure-resistant and explosion-proof, and the cost of this device is also shared in the cost of hydrogen. Low-temperature liquefied hydrogen storage, energy consumption required for refrigeration, also adds to the cost. And during the storage process, there may be a risk of leakage, losing part of the hydrogen source, and also causing the cost per gallon to rise.
The route of transportation also affects the cost. Pipeline transportation of hydrogen requires a lot of manpower, material resources and financial resources to lay pipelines in the early stage. If the transportation distance is long, the loss and maintenance costs on the way are included in the cost per gallon of hydrogen. And vehicle transportation, vehicle purchase, fuel consumption, labor costs, etc., all make the cost complex and variable.
At the end of use, market demand and scale effects also affect the cost per gallon of hydrogen. Demand is limited, production scale is limited, and the fixed cost per unit product is high. If the market is booming, demand increases greatly, production scale expands, and equipment utilization increases, unit costs may decrease due to scale effects.
Therefore, the cost per gallon of hydrogen, production, storage, transportation, and market are intertwined. To reduce its cost, it is necessary to study and improve in all aspects, seek technological breakthroughs, and seek expansion of scale, so as to make hydrogen more competitive in the field of energy, and it can be used by the world to promote the prosperity of the energy industry.
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