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Green hydrogen via electrolysis of seawater without desalination? That actually sounds quite impressive.
The technology costs as little as 11.2 yuan (US$1.57) per kilogram (2.2 pounds) of hydrogen – much less than the current mainstream cost of hydrogen production from natural gas, which ranges from 20 to 24 yuan per kilogram.
This sounds too good to be true! I wonder how it compares to other fuel-equivalents…
A lot of this just comes down to economies of scale, we saw similar stuff happen with solar power where cost dropped dramatically once China started mass production of panels.