2min chapter

Cleaning Up: Leadership in an Age of Climate Change cover image

Subsidies Everywhere All at Once - Ep126: Marco Alverà

Cleaning Up: Leadership in an Age of Climate Change

CHAPTER

The Cost Curve of the IRA

A kilo of hydrogen will drive you. Then you're beefinating, and by the time you've methenated, and the water, and then you've done the water thermal reforming, in Europe you get just over half a kilo. So it's effectively giving you $6 a kilo, isn't it? Because it's giving you the IRA based on the input hydrogen that comes out of the renewables before you'd methenate it. And we did this way before the IRA. The IRA is a pleasant surprise that I think brings our cost curve bridges that gap to when my electrolyzer costs were going to go down. so it's just accelerating.

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