Green Hydrogen in Shipping will be More Expensive, Says Expert Liebreich
Here’s an article posted in Recharge News.
According to the article,
- Green hydrogen shipping around the world is deemed economically unviable by Michael Liebreich, a leading authority in clean energy and transportation.
- The lower energy density of hydrogen compared to liquid hydrocarbon fuels would require three to four times as many vessels to ship the same amount of energy as LNG, making it cost-prohibitive.
- Liebreich emphasizes that the early production of green hydrogen will be significantly more expensive, and the mechanisms to cover these costs are not yet in place.
