Cost to Run a Hydrogen Car: Response to Business Week article
Sunday, September 27th, 2009
A 2009 September 22 article in Business Week by Jack Ewing goes on to explain that “Advances in fuel-cell technology and a commitment from the German government to build a fueling network mean automakers haven’t given up on hydrogen.” That may be true, but toward the end of his article, the question of operating costs for the user (at least the cost for fuel) finally comes up.
According to Business Week: “And the cost of generating an hour of electricity with a hydrogen fuel cell has recently dropped more than 20%, to $78. A drop to $30 is possible by 2015, which would make hydrogen competitive with gasoline.”
Competitive with gasoline on a cost basis? Not according to their own figures. Here’s why:
