Green Hydrogen NewsGreen Hydrogen News
    Facebook Twitter Instagram
    Trending
    • Rio Grande do Sul’s Partners with EN.IT to Develop Wind Farm for Hydrogen Production
    • BalticSeaH2 Project to Energize the Baltic Sea Region
    • Europe’s Auction to Drive Renewable Hydrogen Production
    • MoIAT, ADNOC, John Cockerill and Strata Collaborate on Green Hydrogen
    • Luxembourg and Portugal Unite for Renewable Hydrogen Corridor
    • Ohmium and NTPC Forge Path to Green Hydrogen Revolution in India
    • L&T Takes Center Stage in NEOM’s Ambitious Green Hydrogen Endeavor
    • Charbone Hydrogen Corp’s Vision for North American Green Hydrogen
    LinkedIn Twitter YouTube Facebook
    Green Hydrogen NewsGreen Hydrogen News
    • NEWS
      • Authorities
      • Blitz
      • Breaking News
      • Finance
      • Jobs
      • H2 Plant
      • Politics
      • Press Release
      • Sponsored
      • Stock
      • Tenders
      • Video
    • HYDROGEN
      • Aviation
      • Electrolyzers
      • Fuel Cells
      • Green Hydrogen
      • Hydrail
      • Innovation
      • Pipelines
      • Projects
      • Stations
      • Storage
      • Technology
      • Vehicles
    • SPOTLIGHT
      • Analysis
      • Interviews
      • Podcast
      • Research
      • Reviews
      • Specials
      • Webinars
    • REGIONAL
      • Africa
      • Americas
      • Asia
      • Europe
      • Middle east
      • Pacific
    • CONTACT
    • ADVERTIZE
    • SUBSCRIBE
    Green Hydrogen NewsGreen Hydrogen News
    Home»HYDROGEN»Green Hydrogen»Exploring Prospects and Hurdles of Green Hydrogen Trade
    hydrogen 12

    Exploring Prospects and Hurdles of Green Hydrogen Trade

    Anela DoksoBy Anela Dokso18/05/20233 Mins Read
    Share
    LinkedIn Twitter Facebook Email WhatsApp Telegram

    In the quest for a symbol of the net-zero era, green hydrogen emerges as a strong contender to replace petroleum as a globally traded commodity.

    As countries rich in renewable resources, including Australia, Brazil, and Chile, aim to become hubs for hydrogen production, questions arise regarding the feasibility of a hydrogen trade that can rival the dominance of the oil industry. To understand the potential impact and challenges surrounding this vision, we must examine the production, transportation, and usage of green hydrogen, while drawing parallels with existing commodity flows.

    Transportation cost has historically been a key constraint on long-distance trade. Only high-value goods justify the expenses associated with shipping across oceans. Although the cost of transporting non-containerized products like oil, wheat, or coal ranges from $10 to $50 per ton, materials such as cement and sulfur, despite their abundance and affordability, are predominantly consumed near their production sites due to the impracticality of shipping them.

    For most commodities, trade increases as prices rise. However, the scarcity of high-quality reserves for iron ore and crude oil necessitates their transportation from distant sources. Geology dictates their value and global trade dynamics. Green hydrogen, on the other hand, does not face a permanent shortage of its raw materials: water and renewable energy. In this aspect, it resembles products like gypsum and ammonia, which can be manufactured almost anywhere.

    Although renewable energy prices vary by country, the transportation issue remains challenging. Raw hydrogen is difficult to move due to its high reactivity, low density compared to liquefied natural gas (LNG), and extremely low temperature. It only liquefies at a frigid minus 253 degrees Celsius (minus 423 Fahrenheit), approaching the temperature of ice in comparison to steam. The costs associated with chilling substances increase significantly as temperatures drop.

    Proposed solutions to this challenge involve converting hydrogen into a more transportable form, such as ammonia, methanol, or toluene. However, the energy required to drive these reactions further escalates costs. Even countries like Brazil, with abundant and affordable renewables, will struggle to establish an export trade competitive with domestically produced green hydrogen.

    One option to reduce costs is burning ammonia directly as fuel instead of converting it back to hydrogen. However, engineers have grappled with the associated challenges since World War II, and chemists are still grappling with the involved processes. Additionally, burning ammonia contributes to the production of NOx particulates, a major pollutant responsible for millions of deaths annually, and generates nitrous oxide, a potent greenhouse gas.

    While green hydrogen holds the potential to revolutionize the energy landscape, its global trade will not resemble fleets of tankers crisscrossing the globe. Similar to sulfur and ammonia, which are predominantly used close to their production sites, green hydrogen will find applications near where it is produced. While countries may aspire to become the Saudi Arabia of the green hydrogen era, the reality is that this dream will elude them.

    green hydrogen hydrogen
    Share. LinkedIn Twitter Facebook Email

    Related Posts

    Rio Grande do Sul’s Partners with EN.IT to Develop Wind Farm for Hydrogen Production

    01/06/2023

    BalticSeaH2 Project to Energize the Baltic Sea Region

    01/06/2023

    Europe’s Auction to Drive Renewable Hydrogen Production

    01/06/2023

    MoIAT, ADNOC, John Cockerill and Strata Collaborate on Green Hydrogen

    01/06/2023

    Luxembourg and Portugal Unite for Renewable Hydrogen Corridor

    01/06/2023

    Ohmium and NTPC Forge Path to Green Hydrogen Revolution in India

    01/06/2023

    Rio Grande do Sul’s Partners with EN.IT to Develop Wind Farm for Hydrogen Production

    01/06/2023

    BalticSeaH2 Project to Energize the Baltic Sea Region

    01/06/2023

    Europe’s Auction to Drive Renewable Hydrogen Production

    01/06/2023

    MoIAT, ADNOC, John Cockerill and Strata Collaborate on Green Hydrogen

    01/06/2023

    Subscribe to Updates

    Get the latest news from the hydrogen market subscribe to our newsletter.

    Final Transparent Green Logo (horizontal)-desktop version (RGB)
    LinkedIn Twitter Facebook YouTube

    News

    • Inteviews
    • Webinars
    • Hydrogen
    • Spotlight
    • Regional

    Company

    • Information
    • Advertising
    • Media Kits
    • Contact Info
    • GDPR Policy

    Subscriptions

    • Subscribe
    • Newsletters
    • Sponsored News

    Subscribe to Updates

    Get the latest news from EnergyNewsBiz about hydrogen.

    © 2023 EnergyNews.biz
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.