Hydrogen

Falling electrolyzer costs driven by economies of scale, increased automation of production and the modularity of such systems will bring green hydrogen to a competitive cost with its fossil-fuel powered variants in a dozen markets by 2030, according to WoodMac.

Germany’s Home Power Solutions has developed a hydrogen storage solution with a capacity of up to 15,000 kWh. The Picea system stores excess electricity from rooftop PV systems in the form of green hydrogen.

The International Energy Agency said the four nations are on track to contribute 85% of the 18 GW of global renewables capacity which is set to be dedicated to green hydrogen production by 2026. Elsewhere, the Port of Valencia has unveiled a plan to install a green hydrogen supply station in the new year.

Meanwhile, on the Iberian Peninsula, H2 Green Steel (H2GS) and Iberdrola plan to establish a 1 GW green hydrogen production facility, and Acciona and Plug Power want to deploy green hydrogen facilities across Spain and Portugal.

Australia’s Stanwell Energy and Spanish renewable energy company Acciona Energia have signed a deal that could use energy generated at the proposed 600 MWp Aldoga Solar Farm to power a 3 GW green hydrogen project being developed in Queensland.

Proton Motor Fuel Cell and xelectrix Power have also developed a complete system that combines fuel cell and battery storage technologies and U.S.-based Plug Power is building a 100 MW electrolyzer in Egypt. Furthermore, Germany said it wants to deploy 10 GW of hydrogen capacity by 2030 and South Korea unveiled its hydrogen strategy.

A new Ernst & Young power and utilities overview report shows that utilities and other deep-pocketed investors are putting financial support behind their environmental, social and governance initiatives.

U.S. hydrogen solutions company Plug Power opened, this week, its green hydrogen and fuel cell gigafactory in New York state. In Australia, Patriot Energy announced a supply agreement for 75 modular green hydrogen generation units, and ARENA said it will play a key role in the development and delivery of the German-Australian Hydrogen Innovation and Technology Incubator.

The state-owned oil and gas company is seeking bids to set up green hydrogen generation units with annual capacities of 5,000 MT and 2,000 MT, respectively, at two of its facilities in India.

Kallis Energy Investments is proposing a whopping 6 GW renewable hydrogen project in South Australia, with founder Terry Kallis telling pv magazine Australia the project will not seek to connect its 3 GW of planned solar and wind assets to the already congested grid.