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This is a list of prices of chemical elements. Listed here are mainly average market prices for bulk trade of commodities. Listed here are mainly average market prices for bulk trade of commodities. Data on elements' abundance in Earth's crust is added for comparison.
The Hydrogen Energy program started in India after joining the IPHE (International Partnership for Hydrogen Economy) in the year 2003. [149] There are nineteen other countries including Australia, United States, UK, Japan, etc. [150] This global partnership helps India to set up commercial use of Hydrogen gas as an energy source.
The use of existing natural gas pipelines for HCNG was studied by NaturalHy. [24] To get the most out of an internal combustion engine in transportation if higher levels of hydrogen are added, modifications have to be made to the engine and the control strategy. [25] [26] [27] The hydrogen in the blend leads to lower CO 2 emissions. [28]
The following table shows a range of estimates of the levelized costs of gray, blue, and green hydrogen, expressed in terms of US$ per kg of H 2 (where data provided in other currencies or units, the average exchange rate to US dollars in the given year are used, and 1 kg of H 2 is assumed to have a calorific value of 33.3kWh).
As of September 2023, hydrogen cost $36 per kilogram at public charging stations in California, 14 times as much per mile for a Mirai as compared with a Tesla Model 3. [125] The average price in Germany in 2023 is 12.5 euro per kg. [126]
Methanol is cheaper than hydrogen. For large amounts (tank) price for fossile methanol is about 0.3 to 0.5 USD/L. [37] One liter of Methanol has the same energy content as 0.13 kg hydrogen. [5] [6] Price for 0.13 kg of fossile hydrogen is currently about 1.2 to 1.3 USD for large amounts (about 9.5 USD/kg at hydrogen refuelling stations). [38]
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Price per million BTU of oil and natural gas in the US, 1998-2015. Natural gas prices, as with other commodity prices, are mainly driven by supply and demand fundamentals. However, natural gas prices may also be linked to the price of crude oil and petroleum products, especially in continental Europe.