If the UK meets its expanded renewable and nuclear targets, the country will have an oversupply of electricity more than half of the time by 2030, creating significant opportunities for flexible demand.
Current± caught up with CPH2’s CEO Jon Duffy to discuss the growing demand for green hydrogen and the Hydrogen Strategy.
Electrolyser manufactuer CPH2 has announced its intention to float on the AIM market of the London Stock Exchange to raise approximately £50 million.
Current± caught up with Octopus Hydrogen’s founder and CEO William Rowe recently, to talk about the company’s decentralised model, the cost of green hydrogen and the next steps for the business.
UK green hydrogen company Protium has announced it is to build a 40MW project in Teesside.
Octopus Hydrogen has formed a strategic partnership with Innova Renewables and Novus to roll out green hydrogen production across the UK.
ScottishPower has narrowed down the locations it's considering for its 35MW electrolyser site, with the Cromarty Firth identified as “ideal”.
'Significant' cost reductions needed for green hydrogen as grid-connected electrolysers deemed more costly
Green hydrogen production costs in Europe could fall to between €2 (£1.72) and €2.5/kg, but hydrogen produced by grid electricity will drive up costs.
Electrolyser capacity is set to increase from 0.2GW worldwide today to 213.5GW by 2040, a thousand-fold increase, according to Aurora Energy Research.