ENERGY TRANSITION

Green hydrogen economy to rise on back of tech breakthroughs

NORWAY’S Rystad Energy’s latest projection predicts electrolyser capacity is expected to grow by 186% from 2022 to 2023 alone, and the consultancy expects a 10% to 15% fall in electrolyser service price inflation between 2022 and 2027 as green hydrogen adoption grows.

hydrogen-molecule-3.jpg

On average prices for PEM electrolyser components have spiked around 30%t, while AWE costs increased around 21%. It highlights the challenges of using iridium and platinum catalysts in PEM electrolysers...

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