Why are 99% of the projects across the globe for #GH2 or #GNH3 not able to complete their FEED followed by FID?

Why reaching these projects up to Financial Closure may perhaps not be less than a nightmare even to justify to produce energy at lowest possible cost i.e., US$ 0.025/KWh through PV/Wind Power to support through intermittent energy with 25% power @ US$0.15/KWh i.e., 24x7 with Battery storage to maintain some of the critical operation of the project.?

Do you think producing these #greencommodities at the cheapest cost can only be possible by producing cheap Electricity with cheap Electrolysers? Though Cheap Electricity & Electrolysers are of course required in achieving the lowest possible cost of production but also few other criteria are mandatory in bringing down the cost of Production. ?????

Now Investors/Developers have realized the story behind the shocking truth of these #Greenhydrogen or #Greenammonia production reality, they have at least started listening to the experts. ?

Producing these #Greencommodities at higher cost has no meaning until it is managed to produce at the cost lower than their #Greycounterpars to avoid risk completely for long-term sustainable operation.

And this is 100% possible.?

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