By storing hydrogen in an oil-based slurry with powdered magnesium hydride, inexpensive and safe hydrogen storage can be realized. This paper describes the characteristics and benefits of cycling hydrogen in and out of magnesium hydride slurry. An application of magnesium hydride slurry in a baseload wind power system is discussed. It concludes that a 150 MW baseload wind power system can produce an internal rate of return (IRR) of 10% with an electric price of $0.088/kWh. The costs and performance characteristics of this power plant are described.

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