Compared to other forms of energy storage, such as electrochemical batteries or pumped hydro storage, the physics of manufacturing, storing, disrupting, and utilizing hydrogen make it inherently inefficient.Hydrogen is not a source of chemical energy that we can extract from natural deposits like fossil fuels, but rather it is an energy storage medium that is “charged” in its manufacturing process. When used to power a vehicle, for example, hydrogen is at best about one-third as efficient as a lithium-ion battery. This inefficiency alone translates into an unsurmountable barrier to cost-competitiveness. On top of this unavoidable inefficiency, hydrogen also requires new supporting infrastructure for manufacturing, storage, and distribution that is far more costly to build and maintain than standard electricity infrastructure. Despite its economic uncompetitiveness, hydrogen is still being considered in conventional analyses for several reasons:
The two major use-cases for hydrogen are in fuel cell vehicles that benefit from a longer range that batteries can currently provide (such as aircraft and long-haul trucking) and in large-scale long-duration “seasonal” energy storage. However, our research has shown that seasonal energy storage is not required for an SWB-based energy system, but rather that less than one week of battery energy storage is required to meet all energy needs in virtually every populated region. It is worth noting that interest in hydrogen remains high at least in part because it offers a way to preserve existing business models and assets from the fossil fuel industry. |