The demand for electrolysers for the production of green hydrogen is increasing rapidly. 8.2 GW of future power plants are already planned, or 31 times the installed capacity accumulated today.
Hydrogen from renewable energies is starting to have its heyday. As the energy transition progresses, it becomes more and more important among technological decarbonisation solutions, especially in sectors that are difficult to “clean”.
And if until yesterday the production of this fuel relied mainly on hydrocarbons, today the share of green hydrogen is growing rapidly.
According to Wood Mackenzie’s estimates, plans for new electrolysers have tripled in the last 5 months. In March 2020, nearly 8.2 GW of global hydrogen capacity was projected from renewable sources (i.e. produced by the electrolyte of water molecules, powered by photovoltaic or wind energy ).
This figure is interesting for two reasons. In October 2019, as the coronavirus crisis approached, analysts estimated much lower growth – around 2.3 GW of electrolysers. Currently, the number has increased despite economic uncertainties, and new projects exceed 31 times the cumulative capacity currently installed.
The world’s largest green hydrogen plant will be built in the Netherlands.
In particular, in recent months, the number of large projects has grown considerably (over 100 megawatts). There are 17 mega power plants for the production of hydrogen from renewable energy around the world. The most active countries are Germany, Australia, the United States, France, the Netherlands, Paraguay, Portugal and the United Kingdom.
“We see bigger and bigger projects announcedSaid Ben Gallagher, analyst at Wood Mackenzie. “Our projections for 2020 remain largely unchanged, but between mid-2020 and the end of 2020 we will see a substantial change in outlook.. “
The most ambitious of the plans mentioned in the report is the Asian Renewable Energy Center in the Pilbara region of Australia. Defined as one of the most exciting energy initiatives in the world, when fully operational it will harness 12 gigawatts of wind and solar power to power a 1 gigawatt smelter plant. The project should see the light of day in 2027 and be sold on national and foreign markets.
And for the next decade, the European decarbonisation objectives will lead to new projects on the Old Continent. The region is estimated to host 59% of all renewable hydrogen projects planned through 2030.