Often touted as the missing link in the energy transition, power-to-gas (P2G) has not yet had its time to shine. While the technology has been around for decades, large-scale projects have been exceptionally rare. Over the last year, however, encouraging signals are emerging as research, pilot projects, and small-scale applications appear to have picked up pace. As debate continues about the tipping point for P2G in terms of conversion efficiency and costs, some market players are optimistic about near-term prospects.
Electrolyzers like this one use renewable electricity to produce hydrogen. A recent study from DNV GL concluded that production of hydrogen from electrolyzers will become competitive with production from natural gas by 2035.
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