The German Finance Minister and the Saudi Energy Minister attended the signing of this groundbreaking agreement SEFE and ACWA Power plan to build a hydrogen bridge between Saudi Arabia and Germany, starting with the delivery of 200,000 tons of green hydrogen annually from 2030 SEFE will market the green hydrogen to its German and European customers as a co-investor and main buyer
Machine translation from the original German
If there is anything more stupid then hydrogen fuel it has to be getting it from the Saudis. We need to stop relying on autocratic shitholes.
The economics do not make sense. This is a fluff piece.
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I never said anything about hating the Saudi’s. I said hydrogen as a general energy source doesn’t make sense at the moment.
The only cheap hydrogen is grey hydrogen which helps nobody at the moment, might as well just import oil/gas instead. “Green” hydrogen is not cost effective, even with solar prices where they are - why not just build a subsea power cable if Saudia Arabia wants to send energy to the EU? It would probably be cheaper and more efficient in the long run.
Your links to household energy prices are dumb - what natural resource do most middle east states have that EU countries (e.g. Germany) do not have in such vast quantities? I’ll give you a hint, it’s used for energy production…
EU prices are currently high because the EU rejected its cheapest source of energy because the supplier turned out to be a cunt.
I don’t know if turning to another autocratic regime will be better for it in the long run, what do you think?
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We can get back on topic :) Green hydrogen still doesn’t make sense compared to direct use of energy, except in some cases (steel production and long haul flights are normally quoted as these use cases)
Hydrogen requires 40 kWh of electricity to produce 1 kg (equivalent to ~ 29 kWh). So you have lost around 30% just at production. Then you need to compress and cool is significantly to transport, which requires again significant energy and then you need to actually move it which is again energy intensive.
It would be far more efficient to simply use some areas where renewables can be built out in significant proportion and then transport the (e.g.) electricity directly to the exchange via HVDC cables where it is needed. And where hydrogen is still viable, it can be electrolysed closer to the use case.
I know. It always is with hydrogen. I hardly makes sense as a rocket fuel and it’s a terrible excuse for a battery (which is what Germany really needs with all the renewables). It’s just dumb.
You will buy it and be happy like your ancestors bought our frankincense and gum.
Who else will you buy it from? China? Russia? The US?
Fair enough.