How does artificial photosynthesis compare to steam methane reformation?
Most of the hydrogen used today is made with steam methane reformation. Steam methane reformation also produces a tremendous amount of carbon monoxide and carbon dioxide. Without carbon capture and sequestration, steam methane reformation is one of the dirtiest methods for producing hydrogen. But it does scale well, provided you have a lot of capital to throw at production, which is why most hydrogen is produced this way. However, fifty percent or more of the cost per kilogram is energy, in the form of natural gas.
Artificial photosynthesis uses 40% less energy per kilogram when electricity is the light source. When powered by direct sunlight, the energy cost is nearly zero. And artificial photosynthesis does not create carbon, so the related carbon capture and sequestration costs don't apply.