The global push for large-scale clean hydrogen
By the end of 2025, the number of green hydrogen plants exceeding 100MW is expected to increase eightfold, writes James Moseley, Analyst at gasworld Intelligence.
By the end of 2025, the number of green hydrogen plants exceeding 100MW is expected to increase eightfold, writes James Moseley, Analyst at gasworld Intelligence.
Ceres Power’s CTO Caroline Hargrove told H2 View that the 1MW electrolyser module at Shell’s Bangalore site is “there and ready to go,” with activation expected any week now.
Right now, green hydrogen doesn’t get larger than NEOM’s 2.2GW project in Oxagon – the industrial city located in the south of Saudi Arabia’s Project 2030 crown jewel development.
The hydrogen boom of 2021–22 may have been fuelled by ambition, but its future will be determined by pragmatism.
“Precise manufacturing and optimised composite wrapping result in a 40% cost reduction compared to traditional multi-cylinder solutions,” explained Oksana Pilatova of GVP Group.
“Within [the IRA] there is 45Q [tax credit] which pre-dates the IRA,” Lamba told investors. “About 90% of the projects that we are developing in the US are looking at 45Q.”
“We are having those active conversations, focusing largely on Asia, Japan, Korea, on potential equity partnerships.”
While Oman’s hydrogen ambitions are bold and well-structured, the real challenge lies in execution.
GWGI’s H2 Intelligence reports that Air Products plans to introduce more than 1.4mtpa of clean hydrogen by 2033 – ahead of Linde and Air Liquide at 0.72 mtpa and 0.59 mtpa, respectively.
Chinese electrolyser costs have a limited impact on overall project expenses, as equipment accounts for 30-40% of total costs, says Splitwaters CEO Deepak Bawa.
