The market for green hydrogen is vast and diverse. For simplicity we have segmented the market into three broad categories: Mobility, Renewable Chemistry and Power-to-Gas Energy Storage. Each of these markets has its own dynamics, competitive landscape and price points.
Hydrogen fuel is the cleanest fuel available. It can be generated using surplus renewable energy and offers a low cost renewable clean fuel, which can be made on-site at the point of use, eliminating the need for transported fuel deliveries.
Hydrogen is a fundamental chemical building block for a variety of commodity chemicals including ammonia and methanol for which there are massive world markets. The use of renewable hydrogen as a feedstock would deliver a net reduction in carbon dioxide (CO2) emissions.
Power-to-Gas is the process of converting surplus renewable energy into hydrogen gas by rapid response electrolysis and its subsequent injection into the gas distribution network.