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

Man City star leaks information on Messi quitting Barcelona

first_img Read Also: Messi to part company with Barca after contract breakdown Amidst all the rumours about the Argentine captain to leave his beloved club, Sergio Aguero decided to spill the beans about his compatriots future at the Camp Nou while on a live stream video game session. Don Balon claims that the Manchester City forward lost all his attention while playing his video game on live stream and stated that his national team captain will continue as a Blaugrana next season despite the rumours. FacebookTwitterWhatsAppEmail分享 The speculation regarding Lionel Messi leaving Barcelona has been going around for the last few months after the rumours state that the player has a strained relationship with debutant Frenkie de Jong, Marc Andre Ter Stegen and Josep Maria Bartomeu. As earlier reported, it stated that the French connection of Antoine Griezmann, Ousmane Dembele, and Samuel Umtiti was prepared to go against Lionel Messi’s hierarchy at the club and Josep Maria Bartomeu was on the French trio side since his relationship with the captain has deteriorated vastly this summer. Josep Maria Bartomeu had decided to sell Luis Suarez to make way for a possible world-class striker such as Lautaro Martinez, Timo Werner, and Pierre-Emerick Aubameyang.Advertisement Promoted ContentWho Earns More Than Ronaldo?10 Phones That Can Work For Weeks Without Recharging7 African Actresses With Thick Skin Who Got Famous In HollywoodWhat Is A Black Hole And Is It Dangerous For Us All?Top 10 TV Friends Who Used To Be EnemiesBirds Enjoy Living In A Gallery Space Created For ThemWho Is The Most Powerful Woman On Earth?The World’s 7 Most Spectacular Railway Stations5 Of The World’s Most Unique Theme ParksPlaying Games For Hours Can Do This To Your BodyMind-Bending Technology That Was Predicted Before It AppearedThe Highest Paid Football Players In The World Sergio Aguero leaked information about Lionel Messi‘s future at Barcelona while on a live video game stream in Manchester.center_img Loading… However, as earlier reported the Gabonese striker had offered himself to the club on one condition that Luis Suarez must vacate his position at the club as the Arsenal forward has no intention of competing for a starting spot in the last few years of his career and Bartomeu was willing to accept the ultimatum by the Arsenal forward until Lionel Messi put his foot down and threatened the board that he would leave the club.last_img read more