Why Is It So Expensive to Ship Hydrogen as a Liquid

question 15

Multiple Choice

Why is it so expensive to ship hydrogen as a liquid as is often done with other gas?

• A)Hydrogen is very heavy to ship
• B)Hydrogen is very dense to ship
• C)Hydrogen has to be shipped at a very low temperature
• D)Hydrogen in very flammable

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Definitions:

Market Level Costs

The costs associated with bringing a product or service to market, considering the competitive pricing environment.

Contribution Margin

A financial metric that represents the difference between a product's price and its variable costs, indicating how much contributes to covering fixed costs and generating profit.

Variable Cost

A financial term describing expenses that vary directly with the production volume, such as materials and labor.

Fixed Costs

Expenses that do not vary with the level of production or sales, such as rent, salaries, and insurance premiums.