On Mar 10, 2006, at 2:36 PM, Jed Rothwell wrote:
Jones Beene wrote:
[snip]
IOW the GE figure of $3 is apparently a wholesale price to the
dealer (comparable to the gasoline wholesale price which is now ~
$1.75). When you use 'just' the energy-cost of $3.39, you are not
comparing apples to apples.
Well, $0.06/kWh is the wholesale price of electricity. Actually, it
is the high-end non-PTC cost for wind turbine electricity. Often
the cost is closer to four cents, which would bring the cost of
hydrogen down to $2.26 equivalent, which is cheaper than regular
gasoline in Atlanta today. Based on this, I suppose that in North
Dakota you could install wind turbines and start generating
hydrogen for ICE engines economically.
The solution to accounting for the high unit cost of energy used may
lie in the fact the source of energy for the electrolysis is a nuclear.
Horace Heffner
