Green hydrogen, is it just vaporware? Not according to Rethink Energy UK. Their latest report indicates that there is a surge in the production capacity of electrolyzers. For green hydrogen to succeed, the word needs a surfeit of renewable energy, plenty of clean water, and cheap electrolyzer supply. Rethink Energy believes that these elements are coming together. Rethink Energy is known for its far reaching and aggressive predictions.
Production capacity projections. Graph courtesy Rethink Energy.
In their recent research paper The Swelling Pipeline of Electrolyzer Gigafactories, they chart the announcements over the past 3 years, then project that the industry is on track to satisfy demand over the next five years. The conversation around hydrogen is no longer dominated by doubt.
In 2020, the production capacity for electrolyzers was just 2 GW globally. Rethink Energy predicts…
Electrolyzer Supply to Increase Green Hydrogen Availability
