The Emergence and Trends of Hydrogen Electrolysers

Published by firstgreen on

The energy sector has been undergoing significant transformation in its quest for clean and sustainable solutions. Among these, the role of hydrogen, especially as produced through electrolysers, has been gaining substantial attention. Firstgreen Consulting, at the helm of renewable energy research, delves deep into the nuances of hydrogen electrolysers, its trending growth, and the evolving market dynamics.

Hydrogen Electrolysers: A Primer

Hydrogen electrolysers are devices that split water into hydrogen and oxygen using electricity. As the cost of renewable electricity, especially from sources like solar and wind, continues to drop, the interest in hydrogen, generated through electrolysers, as an energy carrier and storage medium has surged.

Types of Electrolysers

Electrolysers have been a part of commercial deployment for over a century, with the primary commercial technologies being:

  1. Alkaline Electrolysers (AEL): These are the most mature and widely used technology, utilizing an alkaline solution as an electrolyte.
  2. Proton Exchange Membrane Electrolysers (PEM): A newer technology compared to AEL, PEM uses a solid polymer as an electrolyte, enabling faster response times and higher current densities.

Growth Trends: Global and Indian Perspectives

According to a report from BNEF (2022a), the total operational installed capacity of hydrogen electrolysers was a mere 323 MW in 2021. However, the forecast for the upcoming years paints a promising picture. The projections indicate:

  • A rise to 1.3 GW in 2022, predominantly in the Asia-Pacific region.
  • An increase to 2.2 GW in 2023, spearheaded by Europe.
  • Potential growths to 3.3 GW and 8.7 GW in 2024 and 2025 respectively.
  • A brief slowdown post-2025, with an eventual surge to 13 GW by 2030.

India, being part of the Asia-Pacific region, is also showing signs of accelerating its hydrogen electrolyser capacity, potentially capitalizing on its vast renewable energy resources.

Leading Companies in the Electrolyser Space

While many firms are vying for a top spot in the rapidly growing electrolyser market, few have established a significant presence. These industry frontrunners are continuously evolving, incorporating cutting-edge technologies, and expanding their global reach.

The Role of Firstgreen Consulting

As the renewable energy landscape transforms, the significance of expert insights and guidance becomes paramount. Firstgreen Consulting, with its specialization in solar, wind, and energy storage technologies, is strategically positioned to lead the charge. Through extensive research, the firm provides invaluable insights into the emerging trends, technologies, and market dynamics of the renewable sector.

Closing Thoughts

The transition to cleaner energy alternatives is not just a necessity but an imperative in today’s world. Hydrogen, with its potential as a clean energy carrier, combined with the decreasing costs of renewable electricity, is poised to play a pivotal role in shaping the future of global energy.

By staying informed and adopting innovative solutions like hydrogen electrolysers, nations and businesses alike can pave the way for a cleaner, greener, and more sustainable future.