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Green hydrogen is a thing. It is not economically viable now, but the costs of electrolyzers are falling. The world in 2020 had 300 MW of electrolyzer capacity
by VintageCool 5y ago
Green hydrogen is a thing. It is not economically viable now, but the costs of electrolyzers are falling.
The world in 2020 had 300 MW of electrolyzer capacity, but multiple companies (Cummins, thyssenkrupp, etc) are building factories with the capacity to build 1 GW of electrolyzers per year.
The IEA anticipates 17 GW of installed electrolyzer capacity in 2026.
https://www.iea.org/articles/could-the-green-hydrogen-boom-lead-to-additional-renewable-capacity-by-2026 https://www.iea.org/articles/could-the-green-hydrogen-boom-l...
Green hydrogen could be cost-competitive in a few years.