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It is the cheapest source of industrial hydrogen, being the source of nearly 50% of the world's hydrogen. The process consists of heating the gas to 700–1,100 °C (1,300–2,000 °F) in the presence of steam over a nickel catalyst. The resulting endothermic reaction forms carbon monoxide and molecular hydrogen (H 2).
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Cost of electricity by source. Different methods of electricity generation can incur a variety of different costs, which can be divided into three general categories: 1) wholesale costs, or all costs paid by utilities associated with acquiring and distributing electricity to consumers, 2) retail costs paid by consumers, and 3) external costs ...