LNG projects in Canada. General thread

[suntan]

Most people are total fucking idiots.

[ThePenIsMightier]

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You know what’s something I clearly don’t understand.

Hydrogen Blending into Natural Gas.

Seriously. So we generate hydrogen, either from a process extracting it from methane or from burning methane to generate electricity to hydrolyse it.

Then we inject it into pipes designed a bajillion years ago for a substance with a much larger atomic size. To feed it into peoples homes where it is burned for heat or used to generate electricity (lol)

This is really better for the environment / more efficient than cutting out the middle man and just burning natural gas? What am I missing here?

Do people understand pure hydrogen isn’t something you can just pull out of the ground? It has to be made?

/rant

It gets better...
The compressors are designed for methane gas, but let's put a bunch of this H2 which has one-eighth the mass into the stream and "I'm pretty sure the compressor will just figure it out!"

Oh, and the threaded pipe installed by a hungover meth head in all our houses should totes hold the smallest and lightest molecule on earth... Right next to the open flame of my hot water tank and furnace in my utility room...
Uh dErP.

[suntan]

Dude just use a compressssssssssssssssor!

[zechs]

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Most people are total fucking idiots.

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Oh, and the threaded pipe installed by a hungover meth head in all our houses should totes hold the smallest and lightest molecule on earth... Right next to the open flame of my hot water tank and furnace in my utility room...
Uh dErP.

I think IRL we wouldn't mind each other so much

[killramos]

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It gets better...
The compressors are designed for methane gas, but let's put a bunch of this H2 which has one-eighth the mass into the stream and "I'm pretty sure the compressor will just figure it out!"

Oh, and the threaded pipe installed by a hungover meth head in all our houses should totes hold the smallest and lightest molecule on earth... Right next to the open flame of my hot water tank and furnace in my utility room...
Uh dErP.

I’m glad this “industry” isn’t just sus to me

[ExtraSlow]

You won't explain the hydrogen economy with science or math or engineering or economics. You need need to look elsewhere for the answers you seek.

[Darkane]

The only thing I can think of is the hydrolysis for hydrogen production doesn’t release N0x emissions.

Burns free of N0x, and net it might be a win.

Edit: Well, I learned stuff just now. H2 can create 6x higher N0x when combusted. So there ya go lol. Not better?

[riander5]

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I’m glad this “industry” isn’t just sus to me

I think the only real win for H2 production is electrolyzers creating H2 running on full renewable power. But those massive units aren't commercially viable yet to my knowledge. So SMR's and ATR's it is for now.

[suntan]

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I think the only real win for H2 production is electrolyzers creating H2 running on full renewable power. But those massive units aren't commercially viable yet to my knowledge. So SMR's and ATR's it is for now.

That is so awesomely idiotic I can totally believe renewable power people think it's a great idea.

[davidI]

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Yeah, ten years ago every LNG company slide deck had points about climate and energy security for our allies. It's depressing that some detractors seemed to dismiss those concepts as irrelevant.

US managed to bulid 7 LNG terminals and approve the construction of 16 in that time. https://cms.ferc.gov/media/north-ame...and-proposed-8

The Russians must put something in the water in Canada to make us so full of self-loathing.

[riander5]

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That is so awesomely idiotic I can totally believe renewable power people think it's a great idea.

I think anything is a great idea that gets hundreds of millions of non dilutive capital given to it by the government. You can keep doing it the hard way

[killramos]

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I think anything is a great idea that gets hundreds of millions of non dilutive capital given to it by the government. You can keep doing it the hard way

The number of projects I get pitched these days where economics are entirely underpinned by government subsidy is sickening.

It’s all kertenomics

[suntan]

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I think anything is a great idea that gets hundreds of millions of non dilutive capital given to it by the government. You can keep doing it the hard way

Even medium term, personal enrichment at the expense of taxpayer money never works out. It was already tried in the 70s.

[riander5]

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Even medium term, personal enrichment at the expense of taxpayer money never works out. It was already tried in the 70s.

The whole western world is exploring alternative fuels. Look at the US inflation act and all the incentives there. I think at the very least if Canada could get near the forefront of a tech for once, this could be it. Im probably being too optimistic though.

[ExtraSlow]

Listening to the Ovintiv Montney webcast this morning, and I have to admit that hearing the CEO use the phrase "global LNG pricing arbitrage" made me pretty hard.

[suntan]

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The whole western world is exploring alternative fuels. Look at the US inflation act and all the incentives there. I think at the very least if Canada could get near the forefront of a tech for once, this could be it. Im probably being too optimistic though.

Unless you believe the laws of thermodynamics are fictional, creating hydrogen whatever substance via any renewal resource is a hideously stupid thing to do. And actually, creating hydrogen from any.source.of.power is utterly useless.

[riander5]

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The number of projects I get pitched these days where economics are entirely underpinned by government subsidy is sickening.

It’s all kertenomics

You're not wrong. They have an agenda and they are going to use our tax dollars to push it

- - - Updated - - -

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Unless you believe the laws of thermodynamics are fictional, creating hydrogen whatever substance via any renewal resource is a hideously stupid thing to do. And actually, creating hydrogen from any.source.of.power is utterly useless.

I never said it was the most reasonable thing to do, my point was just in the hydrogen world

[ExtraSlow]

The huge problem with "investing to become a leader" in anything that relies on government subsidies, is that those subsidies, and therefore the underlying economics, are totally reversible at the whims of politicians. Without notice or compensation.

Seems like a huge risk to me, the sort of risk that most sound business strategies would avoid.

[suntan]

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I never said it was the most reasonable thing to do, my point was just in the hydrogen world

Eventually the subsidies have to end and the fraud will be exposed. Bunch of individuals will have gotten a lot richer, some employees will be out of jobs and a bunch of land will be ruined.

[riander5]

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Eventually the subsidies have to end and the fraud will be exposed. Bunch of individuals will have gotten a lot richer, some employees will be out of jobs and a bunch of land will be ruined.

Hey now.. the world knows that Alberta O&G only exists because of all the government handouts and tax breaks!