Green hydrogen electrolysis is emerging as a potential solution to curtailment, taking excess solar and converting it into hydrogen for either long-duration storage or use by other industries, writes Alissa Tripp, senior research and commercial analyst at Octopus Hydrogen.
Global hydrogen uptake is far below what is required under the Paris Agreement and underinvestment in the technology is a missed opportunity to decarbonise hard to abate sectors of the global economy, according to risk management provider DNV.
Investment company Aker Horizons plans to merge its offshore wind and hydrogen units into its parent company to “strengthen” its renewables development capabilities.
While still nascent, green hydrogen can take off as a fuel source and energy storage system if it is afforded the support, regulatory environment and financial backing it deserves, Hive Energy’s Shirvine Zhang tells Sean Rai-Roche.
Despite a current shortage of electrolyser manufacturing capacity, the global green hydrogen sector is poised to benefit from a rapid ramp-up in electrolyser output over the coming years, according to Fitch Solutions.
Octopus Hydrogen, the green hydrogen arm of UK utility Octopus Energy, has signed a strategic partnership to roll out green hydrogen projects across the UK.
Oil and gas company Chariot has signed a memorandum of understanding with the government of Mauritania to progress with a solar- and wind-powered green hydrogen complex in the country.
