Rolls-Royce is entering the hydrogen production market and acquiring a 54% majority stake in electrolysis stack specialist Hoeller Electrolyzer. The Hoeller technology will form the basis of a new range of mtu electrolyzer products from the Rolls-Royce Power Systems division.
Hoeller Electrolyzer, based in Wismar, Germany, is an early-stage technology company that is developing highly efficient polymer electrolyte membrane (PEM) stacks, under the brand name Prometheus, for the cost-effective production of hydrogen.
Rolls-Royce’s first mtu electrolyzer will go into demonstrator operation in 2023. The core element is the electrolysis stack from Hoeller Electrolyzer, in which Rolls-Royce has a 54% stake.
Demand for green hydrogen is expected to rise significantly. It is needed for fuel cells and hydrogen engines, for the production of synthetic drop-in fuels and for…