Australia & New Zealand Banking Group
Hydrogen Transportation Feasibility and Economics
Pages
10
Time to read
24 mins
Publication
Language
English
Pages
10
Time to read
24 mins
Publication
Language
English
This technical report examines the feasibility, economics, and viability of hydrogen transportation and mobility, highlighting their roles in the hydrogen value chain. It discusses the challenges associated with transporting hydrogen, including its low density and the associated costs. The report emphasizes the importance of understanding the economic aspects of hydrogen transport, especially in comparing on-site production costs against transportation costs. It notes Australia's strategic advantage in supplying hydrogen to Asian markets due to its proximity and established energy export history. The document outlines various hydrogen conversion methods, such as compression, liquefaction, and chemical compounding, detailing their advantages, disadvantages, and cost implications. The report also addresses the complexities of hydrogen liquefaction and the potential of using liquid organic hydrogen carriers (LOHCs) and ammonia for transportation. Each method's energy requirements and economic viability are discussed, providing insights into the future of hydrogen as a transportable energy source.