Reason and hydrogen

Investor wants to produce hydrogen in southern Italy with solar power, but has no idea how to transport the hydrogen to Germany.

Reason and hydrogen

In 2004, I still fell for the hydrogen fairy tale and reported big on the Opel Zafira Hydrogen when it was in Salzburg. Already in 2005 I was there with "Salzburg Bullwashers in Modern Times" with my opinion on hydrogen at the current state. Finally, in 2007, total absurdity: The BMW 7 Series Hydrogen whose tank of liquid hydrogen evaporates in 2 weeks.

Right now there is incredible hydrogen hype where investors get into a gold rush mood and then there are strange requests. During the gold rush on the Klondike in 1896, the gold miners at least knew how to transport the gold away. But last week I was on the phone with a renewable energy consultant and learned the unbelievable.

He has a consulting request from an investor who wants to produce hydrogen with solar power in southern Italy, but has no idea how to transport the hydrogen to Germany. Italy doesn't even have a decent supply of solar power in the summer months, so why not sell the power locally? There are ships for LNG, Liquified Natural Gas. But methane becomes liquid already at -162°, hydrogen only at -252°. This 90° is a dramatic difference in refrigeration. Pressurized tanks are so voluminous that the Krone headlined the 2nd generation Toyota Mirai "Toyota Mirai: Blue whale outside, sardine can inside". In addition to liquid and gas, chemical methods of transporting hydrogen are still being considered.

If the mountain does not come to the prophet, then the prophet goes to the mountain. Logical consequence, industries that need hydrogen go where hydrogen can be produced easily. These are very sunny areas with very cheap land. In the first industrial revolution, heavy industry located where there was high quality coal in close proximity. Today, energy carriers are transported around the world; this is quite easy with coal and oil, but LNG ships are at the limit of what is economically feasible.

Functional energy transition vs. German energy transition

Because of today's topic, it should be pointed out again:

Radical turnaround required

Drastically generate more renewable energy, drastically reduce unnecessary energy consumption. When a family moves to a GEMINI next generation house, both are realized, even if the house is placed in a cheap area where more driving is required. Let's assume that the demand increases from 10,000 km to 25,000 km per year. The previous dwelling burned 20,000 kWh of natural gas per year for heating and hot water. For the 10,000 km of annual driving, 600 liters with about 6,000 kWh of energy content were burned. This compares to 800 kWh of self-produced solar power for heating and hot water and 4,200 kWh of self-produced solar power for driving after the move.

The move and switch to an electric car not only added 33,000 kWh/a - 5,000 kWh/a (space heating, hot water, driving) = 28,000 kWh/a of solar power generation, but also eliminated the consumption of 26,000 kWh of thermal energy.

GEMIN next Generation AG: € 43,000 in the account

An account for "GEMINI next Generation AG in Gründung" was prepared at RAIKA Salzburg on August 2, 2022. On Tuesday I was informed that a legal question still had to be clarified. I received the answer on Friday:
The account cannot be activated until I can prove that I have more than €70,000 at my disposal.

The solution to this problem: the money is collected at the account of the Association for the Promotion of Infinitism.

Investing in such turbulent times? Right now! The GEMINI next generation house is the ideal product for such turbulent times. It's practically like selling extremely safe and comfortable lifeboats aboard the Titanic.

The incorporation with €70,000 share capital is organized in €1,000 investment packages of 700 shares each and a 0.05% allotment certificate. Through the allotment certificate, the owner will be allotted every 2,000th of the newly issued shares in future capital increases. It is possible to purchase 2 to 4 investment packages in the first phase. In special cases, this can be reduced to one.

This gives the first investors a considerable advantage over later investors. Around 2027, I expect a market capitalization of one billion, then a €1,000 investment package is worth €500,000. If everything goes smoothly, a market capitalization like Tesla's is possible in 2045. Of course, Tesla has had very difficult times on the way up, most recently with the start of production of the Model 3.