Hydrogen market is already here and now and OPEC countries should be worried. The hydrogen technology revolution is driven by advances in catalyst engineering both for electrolysis of water on hydrogen production side and for fuel cells on hydrogen conversion to electricity side. The entire cycle of conversion of electricity to hydrogen and the reverse cycle of hydrogen conversion to electricity still have many engineering issues to address but the technology is here and it is maturing at the fast rate.
The promise of hydrogen economy is huge – it completely excludes carbon from the energy equation. The major prerequisite for hydrogen economy is abundance of electric power from non-carbon sources – wind, solar and nuclear. While regulations, public sentiment and uncertainty mar the future of nuclear technology, the other two sources, wind and solar, are winning the world. Yet the common problem of renewable energy sources is highly variable production cycle which requires complex balancing act and storage solutions for seamless integration with the grid. That’s where hydrogen technology shines, no other technology offers today the same conversion flexibility and energy density as hydrogen.
Hydrogen emerges as an universal energy carrier that balances wildly fluctuating output from renewable power generation, such as wind and solar photovoltaics, with grid power demand.
Concerns remain about the safety of hydrogen infrastructure but despite Hindenburg syndrome both government and corporate sectors are making inroads into the most promising energy technology of this century. The hydrogen market has a potential to reach into a trillion dollar territory in just a few years.
The missing parts of hydrogen infrastructure jigsaw puzzle are moving into the right places pretty quickly. Recent hydrogen market developments:
- Hydrogène de France (HDF), a French industrial company, in partnership with Ballard, a leading designer of reliable PEM fuel cell systems, is launching high-powered fuel cell production plant in Bordeaux. This plant, with an annual production capacity of 50 MW, will be the first in the world to mass produce high-powered PACs (greater than 1 MW).
- Los Angeles wants to build a hydrogen-fueled power plant burning a mix of 30% hydrogen and 70% gas, with gradual transition to 100% hydrogen.
- Kawasaki Heavy Industries (Japan) launches the world’s first liquid hydrogen carrier ship.
- Hydrogen-powered marine propulsion: Bloom Energy and Samsung Heavy Industries (SHI) have entered in collaboration to design and develop ships powered by solid oxide fuel cell technology. Bloom Energy is the world’s leading provider of stationary fuel cells and SHI is one of the world’s largest shipbuilding companies.
- Toyota is moving fast to extend the modular fuel cell platform used in its zero-emission Mirai electric passenger car to other applications such as tractors and semi-trucks.
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