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Authored by Mike Shedlock via mishtalk.com,

I’m all in favor of hydrogen-powered plants to produce electricity if only we had cheap hydrogen. But we don’t and likely won’t.

A Bad Bet on Hydrogen Hype

Bloomberg cautions Europe’s Spending Billions on Green Hydrogen. It’s a Risky Gamble

Not Viable But Full Speed Ahead

Plans Only Exist On Paper

For the most part, the plans only exist on paper. That’s because they only work on paper.

A trial in the UK was cancelled when people made an uproar after learning they would have to replace their furnaces and stoves for new hydrogen appliances.

That does not apply to the situation discussed above which proposes burning hydrogen to produce electricity. However, there is a 70 percent loss of energy in the conversion from hydrogen to ammonia then back to hydrogen to burn it.

This makes no sense anywhere. Nonetheless, Germany is spending $20 billion to make electricity plants “hydrogen ready”.

Wasting $20 billion is a monthly occurrence in the Biden administration, but that’s a lot of money to Germany which unlike the US has budget rules.

China Shock

Germany is feeling the pinch of China shock. But the US is on deck too. A global trade war looms.

For discussion, please see China Shock II Is Coming, the EU Will Be Hit Hard, Then the US

Germany has too much else to worry about to waste money on absurd projects.