5Mon
What do you hope to achieve with hydrogen? It's useless as an energy source in cars because it's inefficient. I haven't seen any real progress in air and sea transportation. That leaves space travel, but some people are already switching to methane there.
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5Mon
@DeltaVyou would also be someone who would have said 20-30 years ago that photovoltaics would never catch on because: a) low efficiency b) short service life c) costs too much.
Don't be angry with me, but I'm tired of arguing against people who haven't studied the subject and, as I said, I'll go into more detail next week.
In addition: the value is not exclusively about hydrogen. I had already hinted at this in the opening post.
Don't be angry with me, but I'm tired of arguing against people who haven't studied the subject and, as I said, I'll go into more detail next week.
In addition: the value is not exclusively about hydrogen. I had already hinted at this in the opening post.
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5Mon
@Khlmysee You've got me wrong ;) PV cannot be compared with H2 mmn. PV converts solar energy directly into elect. Energy.
I have to generate H2 first, then store it and finally convert it back into electrical energy. Completely different concept.
So why are you posting on this platform if you're tired of arguing?
I'm looking forward to the coming weeks and will definitely be following you :)
Sorry but if this isn't purely about H2 then I don't know either 🤣
I have to generate H2 first, then store it and finally convert it back into electrical energy. Completely different concept.
So why are you posting on this platform if you're tired of arguing?
I'm looking forward to the coming weeks and will definitely be following you :)
Sorry but if this isn't purely about H2 then I don't know either 🤣
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•5Mon
@DeltaVI recommend that you take a look at the latest quarterly report or presentation https://ml-eu.globenewswire.com/Resource/Download/94a17ef5-5c2a-4f37-a930-0ab8183ee03a and a few current news items about the company and read through them. This will give you a much better impression of my investment.
I just don't like these "hackneyed" arguments, which are gradually unraveling, but more on that later (as promised). 😊
PS: I don't think we need to discuss the fact that these are not identical processes.
I just don't like these "hackneyed" arguments, which are gradually unraveling, but more on that later (as promised). 😊
PS: I don't think we need to discuss the fact that these are not identical processes.
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5Mon
Yes, it's a nice quarterly report.
But all the news doesn't change the physics.
For 1kg of H2, ~50kwh of electrical energy is required. Just to put that into perspective, you can almost fully charge a conventional electric car.
Perhaps there are sensible applications in heavy industry or similar. However, battery technologies are likely to be much more advanced by the time they are ready for the market.
Wish you all the best with your investment, it's exciting after all!
But all the news doesn't change the physics.
For 1kg of H2, ~50kwh of electrical energy is required. Just to put that into perspective, you can almost fully charge a conventional electric car.
Perhaps there are sensible applications in heavy industry or similar. However, battery technologies are likely to be much more advanced by the time they are ready for the market.
Wish you all the best with your investment, it's exciting after all!
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5Mon
@DeltaV not a thing. I tend to be the type who sometimes reacts a bit "touched" and has a very strong opinion. I know my weaknesses and I apologize for that. 😊
I also understand your skepticism and point of view and will try to address these concerns in my next post and broaden my perspective if necessary. If possible, even eliminate the concerns.
If you are looking for examples that already show a possible raison d'être, listen to the podcast: https://open.spotify.com/episode/6dcRF29mp3jsDSyZpch5fv?si=-r6ySQsrSxqrLOxzGQoMOA&context=spotify%3Ashow%3A6a88gwPm47UpCEpulrE8I2 I know that the whole thing is still very expensive. But that's the case with many pioneering technologies. I was told in an exchange that the demand is said to be very high and in some cases cannot be met quickly enough. Apparently there are enough people with big wallets.
Finally, it should be said that this is not about "who wins the race", but about which of the technologies can exploit the maximum potential. Batteries and hydrogen will complement each other to some extent and in the end both will be needed.
I also understand your skepticism and point of view and will try to address these concerns in my next post and broaden my perspective if necessary. If possible, even eliminate the concerns.
If you are looking for examples that already show a possible raison d'être, listen to the podcast: https://open.spotify.com/episode/6dcRF29mp3jsDSyZpch5fv?si=-r6ySQsrSxqrLOxzGQoMOA&context=spotify%3Ashow%3A6a88gwPm47UpCEpulrE8I2 I know that the whole thing is still very expensive. But that's the case with many pioneering technologies. I was told in an exchange that the demand is said to be very high and in some cases cannot be met quickly enough. Apparently there are enough people with big wallets.
Finally, it should be said that this is not about "who wins the race", but about which of the technologies can exploit the maximum potential. Batteries and hydrogen will complement each other to some extent and in the end both will be needed.
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•5Mon
@DeltaV Listened to the podcast yet? Really recommended. 😊
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•5Mon
@Khlmysee Yes, I didn't know this system yet. It actually sounds very interesting. Especially the use of waste heat.
To be able to make optimum use of this, I just need a living space ventilation system, i.e. a new building.
Then there's the (still) relatively high purchase price, which is a particular deterrent for "normal earners". You don't need to think about amortization, especially because energy prices will tend to fall.
However, if you want to be self-sufficient and are financially well positioned, it seems to me to be a top product.
But it looks like a niche product.
I work in the steel industry in Austria and a similar concept is currently being run as a pilot project. Storing surplus energy in H2 for later use (e.g. electric arc furnace).
In Germany, such a concept has been rejected because it is too expensive and too inefficient.
If something is not economical, it will not catch on ;)
To be able to make optimum use of this, I just need a living space ventilation system, i.e. a new building.
Then there's the (still) relatively high purchase price, which is a particular deterrent for "normal earners". You don't need to think about amortization, especially because energy prices will tend to fall.
However, if you want to be self-sufficient and are financially well positioned, it seems to me to be a top product.
But it looks like a niche product.
I work in the steel industry in Austria and a similar concept is currently being run as a pilot project. Storing surplus energy in H2 for later use (e.g. electric arc furnace).
In Germany, such a concept has been rejected because it is too expensive and too inefficient.
If something is not economical, it will not catch on ;)
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5Mon
@DeltaV PV was originally not economical either and became so over time. It will be the same with hydrogen. There are already enough approaches. I will also discuss these in my later commentary.
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5Mon
@Khlmysee But what PV has always been: maintenance-free! This is a huge issue for the customer. A system that has to be serviced once a year for quite a lot of money may be good for business, but it tends to put customers off.
Another thing that strikes me...there was no specific discussion about storage. The H2 has to be cooled accordingly or compressed to several hundred atmospheres. Has this been factored into the efficiency?
All in all, far too complex. It may be that these issues will be simplified in the next few years, but as an investment H2 is totally useless to me.
Seems like you're already in deep, watch out for the confirmation bias ;)
Another thing that strikes me...there was no specific discussion about storage. The H2 has to be cooled accordingly or compressed to several hundred atmospheres. Has this been factored into the efficiency?
All in all, far too complex. It may be that these issues will be simplified in the next few years, but as an investment H2 is totally useless to me.
Seems like you're already in deep, watch out for the confirmation bias ;)
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5Mon
@DeltaV Don't worry, don't suffer from confirmation bias.
To conclude: supposedly badly used energy is still better than no energy at all.
To conclude: supposedly badly used energy is still better than no energy at all.
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