Not at the moment. IMO the prospects aren't good, due to the low efficiency (high energy cost) and high equipment cost. There are start-ups working on it (ex: Prometheus Fuels [0], Twelve [1], Synhelion [2], honorable mention to Terraform Industries [3] which is targeting methane).

Everything that can be electrified, will be electrified, because it's more efficient. It seems like shipping & aviation are probably the hold-outs.

I used to think this was the way, especially for balancing the grid, but the more I read [4-7], the more it looks like batteries will be used for fluctuations <1 day, and demand adaptation for longer periods. Some of that adaptive demand may wind up being used for hydrocarbon synthesis, but I don't expect it to compete with fossil fuels for a long time, if ever.

[0] https://prometheusfuels.com/

[1] https://www.twelve.co/

[2] https://synhelion.com/

[3] https://www.terraformindustries.com/

[4] https://doi.org/10.1016/j.adapen.2021.100051

[5] https://doi.org/10.1016/j.joule.2020.07.007

[6] https://doi.org/10.1016/j.joule.2019.11.009

[7] https://www.liebreich.com/the-clean-hydrogen-ladder-now-upda...