The Future is Electric

The Future is Electric is the house journal of TFIE Strategy Inc, a firm which assists global clients to future proof themselves in our rapidly changing world of business and technical innovation, and geopolitical and climate disruption.

ChatGPT generated panoramic image of a transit bus with “Mississauga Hydrogen” on the side trailing a cloud of Canadian money

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How Big Things Get Done Estimating Makes Mississauga’s Hydrogen Buses Expensive

City could get twice the number of battery electric buses for its planned trial

Michael Barnard
The Future is Electric
11 min readDec 19, 2024

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Recently I published a perspective on the Canadian city of Mississauga’s plan to pilot hydrogen buses for their transit system. It included global data on the high cost and low reliability of hydrogen electrolysis and refueling systems and the high cost and low reliability of hydrogen fuel cell buses. Someone asked the next obvious question: how much money are we talking about, and who would be getting it?

Follow the money, and in this case it’s up to $36 million, far more than the costs of purchasing and operating electric buses for equivalent service. (All dollar values in this article are in Canadian currency unless stated otherwise.)

Let’s start with methodology. I’m a strong proponent of Professor Bent Flyvbjerg’s reference class forecasting approach to estimating the costs of projects. This is outlined in his best selling book with Dan Gardner from 2023, How Big Things Get Done. The methodology is simple:

  • Get as much data on costs and duration on historical projects similar to the one proposed as possible
  • Take the averages of costs and duration

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The Future is Electric
The Future is Electric

Published in The Future is Electric

The Future is Electric is the house journal of TFIE Strategy Inc, a firm which assists global clients to future proof themselves in our rapidly changing world of business and technical innovation, and geopolitical and climate disruption.

Michael Barnard
Michael Barnard

Written by Michael Barnard

Climate futurist and advisor. Founder TFIE. Advisor FLIMAX. Podcast Redefining Energy - Tech.

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