Aurora Energy Research says it has recorded a sharp increase in the number of green hydrogen projects, 90% of which are in early stages of development, while E.ON says Germany’s hydrogen ramp-up is stalling due to an investment backlog.
Aurora Energy Research said in its “Q2 2024 European Hydrogen Market Report” (HyMaR) that the global pipeline for hydrogen electrolysis projects increased by 55.2 GW in six months to approximately 1.2 TW. The report notes an increase of 4% in the past six months, requiring 5.5 PWh of electricity. Europe leads project development, with 32% of the capacity share, followed by Oceania with 21% in various operational or development phases.
GermanyThe hydrogen generation capacity planned for 2030 has increased from 8.7 gigawatts in August 2023 to 10.1 gigawatts in February 2024. “This means that the upward trend in the planning has been somewhat strengthened, but remains theoretical for the time being.” said E.ON. According to the German energy company, of the 88 announced projects, a final investment decision has been made for only 16 projects with a planned generation capacity of a total of 0.3 gigawatts. “So for only about three percent of the announced electrolysis capacity.”
Axpo and electricity company Rhiienergie opened Switzerland’s first 2.5 MW green hydrogen production plant in Graubünden, Switzerland. Axpo said The plant, located near the Reichenau hydroelectric power station in Domat/Ems, can produce up to 350 tons of green hydrogen annually. Construction took a year, with the companies carrying out hydrogen compression on site.
Plug-in power supply said it has reached rated capacity at its hydrogen plants in the US states of Georgia and Tennessee. The American electrolysis company said it will now benefit from lower hydrogen costs – a crucial step on its roadmap to achieving profitable growth.
Nel has signed a capacity reservation agreement with Hy Stor Energy for the development of the Mississippi Clean Hydrogen Hub (MCHH), securing more than 1 GW of alkaline electrolysis capacity. As Hy Stor Energy’s exclusive electrolyzer partner for phase one, Nel said it will provide alkaline and PEM technology and leverage its hydrogen expertise. Hy Stor Energy said it aims to produce, store and supply carbon-free renewable energy at scale.
Border energyGTI Energy and the Center for Electromechanics at the University of Texas at Austin have inaugurated a hydrogen research and demonstration facility involving more than two dozen companies. The facility will produce carbon-free hydrogen using solar and wind-powered water electrolysis, along with renewable natural gas methane reformation. The hydrogen generated will fuel a stationary fuel cell for clean energy at the Texas Advanced Computing Center and provide zero-emission fuel for Toyota Mirai’s fuel cell electric vehicles and fuel cell drones.
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