Why Hydrogen Will Likely Be The Gateway To Net-Zero

Hydrogen-powered cars have advantages over electric vehicles, says Marsh. Delivery trucks, for example, offer fast fueling and double the range of a battery: “If you move a vehicle 150 kilometers, you want to carry packages, not batteries.” Besides the giga-factory to make electrolyzers, Plug Power has more than 165 refueling stations.

The advantages of hydrogen are that it is abundant, renewable, and non-polluting. Water vapor is the only byproduct of a fuel cell car that runs on hydrogen. But it is about 30% more expensive to move it via pipelines than carrying natural gas. says that when hydrogen is produced, about 70% of the energy content is lost. However, that inefficiency is irrelevant if hydrogen is created from solar power that is abundant and free and it would become cheaper than prevailing fuel sources.

The market for hydrogen technology is global. Plug Power is expected to join with Fortescue Future Industries to build a giga-factory in Queensland, Australia, to produce electrolyzers. Meantime, Plug Power is likely to work with Egypt’s OCI NV and the Abu Dhabi National Oil Company to make green hydrogen with its electorlyzer. And Plug announced a joint venture with South Korea’s E&S to accelerate the use of hydrogen for power generation in Asian markets.

“Walmart told us that if we wanted to scale this, we had to take over the whole value chain,” says Plug’s Marsh. “This has driven Plug Power” — driven the company to expand from fuel cells into electrolyzers and fueling stations.12 June 2020, Mecklenburg-Western Pomerania, Laage: Plant manager Guido König from the company ApexEnergy is testing the electrolysis plant in what the company says is the largest grid-connected hydrogen power plant in Europe.

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