Hydrogen Fact #8 - The entire hydrogen infrastructure could be built without any subsidies
(Note #1: This is Hydrogen Fact #8 from “Twelve Hydrogen Facts” which is part of the Hydrogen Manhattan Project.)
(Note #2: I am personally outraged with the lack of leadership and focus on solving the energy crisis despite all of the problems that are a result of our reliance on oil such as high fuel prices, wars, global warming, air pollution, etc.
My feeling is that it is time to stop expecting politicians and corporations to lead. Instead, we should all become leaders and start a revolution of our own to solve this problem. YOU must be a catalyst for positive change.
The Hydrogen Manhattan Project is “A movement led by individual Americans to support corporations and elected officials that work towards the goal of having every car on the road in the U.S. powered by hydrogen produced from clean sources of energy by the end of 2020.” The first step to achieving this goal is to get the government to help build the initial hydrogen fueling stations that the car companies have been pleading for.
The problem is that very few people are even aware of all that is happening with hydrogen cars and how hydrogen can solve the problems we are now facing. Therefore, I have started a grassroots campaign to spread the word about hydrogen. If you would like to be added to the e-mail distribution list for the Hydrogen Manhattan Project grassroots campaign, please e-mail me at gblencoe@hydrogendiscoveries.com.)
Hydrogen Fact #8
Hydrogen Fact #7 provides a detailed analysis which shows that hydrogen produced today from wind power (without any subsidies) would cost less than the equivalent of gasoline at $3 per gallon. Furthermore, the cost will be much lower 10-15 years from now as fuel cells become even more efficient and the cost of clean sources of energy, electrolyzers, compressors, and fueling stations all go down.
One critical point to emphasize is that the hydrogen from wind power cost analysis includes paying for the entire cost of the hydrogen infrastructure without any subsidies.
The cost to build the entire hydrogen infrastructure (pipelines, fueling stations, etc.) will likely be hundreds of billions of dollars. Many people have asked: how are we going to pay for this?
The answer is by including the loan payments that pay for the cost to build the hydrogen pipelines and fueling stations in the cost of each kilogram of hydrogen that is sold. This is much like how most people make monthly mortgage payments over 15 or 30 years to pay for their houses.
However, as mentioned in the Hydrogen Manhattan Project, the U.S. federal government will need to provide the funding to build the initial hydrogen fueling stations. In order to mass produce the hydrogen cars, the car companies must know for sure that a certain number of hydrogen fueling stations will be in place. The free market could then take over from this point, because companies could profit from building and operating the hydrogen pipelines and fueling stations even without any subsidies.
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