Investment in hydrogen infrastructure in energy powerhouse Texas could be worth $247bn by 2050, according to a new Hydrogen in Decarbonised Energy Systems report from the Hydrogen Council.
The annual benefit from electrolysers and peakers in the Texas grid by that date could be $2.5bn – while the cumulative benefit of extending life of natural gas infrastructure to facilitate hydrogen could be twice that amount, with a potential hydrogen demand of 16Mt, the report states.
Hydrogen in the southern state – which produces 25% of US gas and nearly a third of US wind capacity – emerges as a key tool in sustaining the region’s role as an energy exporter, while also offering cost savings and grid benefits.
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