Hydrogen unlikely to be economic for industrial heat - officials

Mon, 28 Jan 2019

By Gavin Evans Jan. 28 (BusinessDesk) - Hydrogen is unlikely to be a cost-competitive option for reducing emissions from heavy industry – even at carbon prices of more than $100 a tonne, government officials say. Multiple trials are under way in New Zealand to test the viability of developing hydrogen as a low-emission fuel, particularly for long-distance transport but also potentially for power generation and industry. But work by the Energy Efficiency & Conservation Authority and the Ministry of Business, Innovation and Employment su...

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