Hydrogen restrictions
Limitation 1: Hydrogen is difficult to store and transport.
Since hydrogen is the first element in the periodic table, it is small, lightweight and has corrosive properties. thus making it difficult to store and transport. The Los Angeles power plant project plans to solve the problem by using the Salt Dome, an underground salt rock that can create a waterproofing cavity for storing hydrogen gas. The project plans to build 100 Salt Domes by 2045.
Limitation 2: Producing hydrogen from clean fuels is expensive.
The main cost to produce Green Hydrogen is the Electrolyzer, a device used to process electricity to split water into hydrogen and oxygen. However, the technology is now more than 40 percent less expensive than it was five years ago, and the cost is expected to be less than 40 percent. Energy research and consulting firm Wood Mackenzie says that green hydrogen production will increase 12-fold over the next five years, while production costs will fall.
BloombergNEF Research also predicts that the price of green hydrogen could drop to just $1.4/kg in 2030 from the current level of $2.5-6.8/kg, a level that’s competitive in the market.
This trend will bring lower costs for the Utah power plant project. It also benefits from the economy of scale (Economy of Scale). It aims to complete the project within 10 years from the 25-year timeframe, and plans for the hydrogen power plant to generate 840 megawatts of electricity, a huge amount compared to the power plant. large current, which has a capacity of about 10-20 megawatts

