Morgan Stanley: Green hydrogen could be economically competitive by 2023

first_img FacebookTwitterLinkedInEmailPrint分享Recharge:Green hydrogen could as soon as 2023 be competitive with grey H2 made using fossil fuels thanks to US wind power that’s as cheap as $5/MWh, said finance giant Morgan Stanley.Steep falls in clean generation costs mean at $1.53/kg, hydrogen produced via electrolysis sited at “best in class” US renewable projects is already competitive with so-called blue H2, made using abated gas, said Morgan Stanley in a note to clients.By 2023/24 continued falls in onshore wind costs that are already often as low as $20/MWh – and, crucially, a further extension to key renewable energy tax credits – could drive LCOE in regions such as Texas and the Midwest as low as $5-7/MWh, Morgan Stanley’s analysts reckon.That would make green hydrogen from wind competitive with new grey production “much sooner than appreciated” at about $1/kg, said the note, adding that the price of renewable H2 is “highly sensitive” to generation cost falls, with a $2/MWh reduction driving it down by $0.10/kg.The US offers one of the biggest potential markets for green hydrogen to act as a key driver of the energy transition by displacing fossil fuels, Morgan Stanley said. As elsewhere in the world, grey hydrogen produced via unabated fossils currently dominates the US market with a price of about $0.30/kg that excludes the capital cost needed to bring new capacity online.The Morgan Stanley analysts admit the dramatic fall depends on ongoing reductions in the costs of electrolyser technology, and subsidies to support green H2 electrolysis, as well as an extension of the wind power production tax credit to 2024, but said they see both “as highly possible”.[Andrew Lee]More: Green hydrogen could match grey by 2023 thanks to $5/MWh wind power: Morgan Stanley Morgan Stanley: Green hydrogen could be economically competitive by 2023last_img read more

Officials look to public for Greensburg Dog Park name

first_imgGreensburg, In. — The Greensburg Dog park is expected to open in the month of May and city officials are looking for help to determine a name for the new facility.Submissions can be made online here and must be made before Sunday, May 6.last_img

$3,500 is top check when IMCA Hawkeye Dirt Tour travels to Hancock County for Salute to Veterans show

first_imgBRITT, Iowa (June 23) – The Hawkeye Dirt Tour returns to Britt and five IMCA divisions see on-track action at Hancock County Speedway’s Salute To Veterans special on Tuesday, June 28.Touring Xtreme Motor Sports IMCA Modifieds race for $3,500 to win their Fast Shafts All-Star Invitational ballot qualifier while the runner-up earns $1,600. Fourteen hundred dollars will be paid for third, $1,200 for fourth and $1,000 for fifth.Hancock County is the only track to have hosted an HDT event every year since the series started in 2010. Next Tuesday’s show will be the seventh tour event held at Britt.IMCA Sunoco Stock Cars race for $2,000 to win, Karl Chevrolet Northern SportMods and IMCA Sunoco Hobby Stocks both for $1,500 and Mach-1 Sport Compacts for $200.Winners in all divisions receive six-foot-tall trophies and those with perfect attendance this season at Britt get $500 bonuses as well.Second in the Stock Car main pays $1,200 with $1,000 for third. SportMod and Hobby Stock runners-up get $800, with $600 paid for third. All divisions will be draw/redraw and all applicable points, including local track points, will be awarded.Spectator admission is $15 for adults and $5 for kids ages 6-12. Family passes are $40 and pit passes are $30. All veterans and their spouses receive free admission to the grandstand that evening.Pit gates open at 5 p.m. The draw closes at 6:30 p.m. and hot laps start at 7 p.m. with racing to follow.More information is available by calling 515 320-0066 or 641-843-9080 on race day, and at the www.hcspeedway.com website. Parts, tires and fuel will be available at the track or by calling 515 341-2232.A fireworks display follows the race program. The event is sponsored by Bayer Crop Science and Mike and Barb Schroeder, Lone Rock & L.G. Seeds.Grundy Center’s Joel Rust won the first two Hawkeye Dirt Tour features of the season before Brian Irvine of Oelwein and Chris Abelson of Sioux City followed with victories of their own. Abelson took over the series point lead with his checkered flag run at West Liberty Raceway on June 14.Hawkeye Dirt Tour top 20 point standings – 1. Chris Abelson, Sioux City, 144; 2. Joel Rust, Grundy Center, 140; 3. Corey Dripps, Reinbeck, 121; 4. Brian Irvine, Oelwein, and Kyle Brown, State Center, both 118; 6. Kelly Shryock, Fertile, 112; 7. Richie Gustin, Gilman, 105; 8. Mark Elliott, Webster City, 103; 9. David Brown, Kellogg, 96; 10. Jacob Murray, Hartford, 76; 11. Tom Berry Jr., Boone, 74; 12. Tim Ward, Harcourt, 69; 13. Kurt Kile, Nichols, 64; 14. Ryan Maitland, Waterloo, 61; 15. Mike Van Genderen, Newton, 60; 16. Nick Roberts, LaCrosse, Wis., Joe Docekal, Dysart, and Troy Cordes, Dunkerton, each 58; 19. Shane DeMey, Denison, 51; 20. Dakota Hayden, Wilton, and Ronn Lauritzen, Jesup, both 48.last_img read more