If advances in solar continue, yes. Currently, the IRA provides very lucrative investment and tax credits for green hydrogen projects (solar and wind powered electrolyzers). Power producers like AES are already building multi-billion dollar projects, and there are a lot more in the pipeline. One day the tax credits may not be needed for this to be economically feasible.
Companies like terraform industries are doing something similar, but creating natural gas. With enough cheap solar, all hydrocarbons are pretty much on the table as well.
It'll be a decade or more until this is scaled up and not dependent on subsidies.
Companies like terraform industries are doing something similar, but creating natural gas. With enough cheap solar, all hydrocarbons are pretty much on the table as well.
It'll be a decade or more until this is scaled up and not dependent on subsidies.