November 12, 2021
Blue hydrogen is created when using natural gas via steam methane reforming (SMR), combined with carbon capture and storage (CCS), as carbon emissions are released from methane CH4 molecules during the SMR process.
Grey Hydrogen is hydrogen created via SMR with carbon released into the atmosphere.
Modeling Parameters:
- 380 Tonnes H2/day plant output or 47.3 MMcf H2/d
- 62 MMcf/d natural gas input @ USD$3.00/Mcf
- CAPEX USD$170 MM
- 90% load factor
- 35:65 Equity to Debt
- 15% Equity return
- 7% Debt cost
- USD$100/tonne CO2 value