Working Paper #14 路
The Hydrogen Bet
Energy Storage of the Future or Pie in the Sky?
Published January 23, 2025 by Andy Hira, , , , and Andrew S. Wright
Overview
There's a growing interest in hydrogen fuel cells as an alternative to battery storage for unstable renewable energy sources. We take a critical look at that enthusiasm, examining fossil fuel's foothold in hydrogen production, the technical challenges of storage and transport, and hydrogen vehicles' struggle to compete with EVs. While the hype seems overstated, it's not baseless. We see a real case for continued investment, particularly where production relies on green energy sources.
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