A reliable source of energy is never guaranteed. Today, we see more significant and sustained blackouts—in fact, five of the top ten blackouts of all time have occurred in the past five years. Along with an unreliable energy supply, some hydrogen projects—especially stranded hydrogen—must deliver energy to the project site, which is often remote and has limited or no access to an established grid.
Investments in e-NG projects are skyrocketing, with individual e-NG producers easily achieving hundreds of millions of dollars in financing rounds. While the industry’s potential continues to draw support, there are some pitfalls that must be considered. Especially when the e-NG project depends upon renewable energy infrastructure.
While hydrogen is beautiful in its simplicity (after all, what other chemical element is readily produced by simply splitting water with electricity?), hydrogen comes with its own set of challenges. Top of the list? Storage and transport.
