Johnson: Geologic hydrogen extraction costs should match natural gas extraction
Pete Johnson · Hunting for geologic hydrogen · Aug 23, 2024 · at 15:35
Pete Johnson, CEO of Koloma, discusses the cost dynamics and economics of extracting natural geologic hydrogen compared to conventional natural gas extraction.
0:00 / 0:10exact quote · 10.6s
720p mp4 · rendered on demand · StarZero watermark
“If you can find hydrogen under the ground, the reality is you should be able to produce it from a volumetric standpoint at a similar cost that we produce natural gas out of the ground.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Pete Johnson
Johnson: Natural hydrogen and biogenic CO2 can reach aviation fuel parity
“You could even take, you know, natural hydrogen produced at optimized prices, combine that with biogenic CO two, and you could make kerosene for sustainable aviation fuel pretty darn close to cost parity to the kerosene that just comes out of oil refinery.”
Johnson: Natural hydrogen fields require just 1-3 MWh input per ton
“Our best estimates for a natural hydrogen field is probably somewhere in the neighborhood of one to three megawatt hours of energy in to pull a ton of hydrogen out. So that's one to three megawatt hours of parasitic costs of, you know, running compressors and …”
Johnson: Geologic hydrogen rivals nuclear fusion in potential decarbonization impact
“I think geologic hydrogen should be mentioned in the same breath”
Johnson: Geologic hydrogen reservoirs take thousands of years to recharge
“The, this is still, you know, our view is it's still, you're talking about thousands of years. Oil and gas, you're talking about millions of years, and this you might be talking about thousands or tens of thousands or hundreds of thousands of years. There are …”
Johnson: Replacing methane power plants with hydrogen cuts emissions by 97%
“If we just said, okay, let's just assume you lose two percent methane, you lose two percent hydrogen. That means if I took that methane and I burned that in a power plant, or I took that hydrogen and I burned that in a power plant, and I'm losing the same amou…”