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Hydrogen Hubs

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Money Doesn't Buy Hydrogen Happiness

The recent announcement of seven hydrogen hubs selected by the DOE for nationwide development could provide the momentum needed to give hydrogen a start as a significant source of energy in the United States. However, there are several factors that could hinder industry progress and development:

  • Obscure hydrogen hub plans persist even after the announcement of selected projects.
  • Hourly or annual matching requirements for power supplied to electrolysis projects can have a significant impact on project economics and perceived carbon footprint.
  • Production of hydrogen from natural gas reforming faces opposition from groups criticizing the perpetual use of fossil fuels.
  • Demand for hydrogen remains uncertain.
  • Hydrogen blending into natural gas is an easy to grasp, but inefficient and expensive use.

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‍Legal Entities Disclosure: PEP Advisory LLC (member FINRA/SIPC) is an affiliate of Pickering Energy Partners LP.

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