Global electrolyser pipeline reaches 957GW
As manufacturers ramp up capacity targets, combined hydrogen demand from Germany and the UK is expected to exceed 500TWh, according to Aurora Energy Research
The global pipeline for announced electrolyser projects has reached 957GW, according to UK consultancy Aurora Energy Research. While much of this capacity is dominated by a single project—Canada’s 500GW Spirit of Scotia, announced in August—the pipeline has still grown by 25pc from last year if this project is excluded. Total operational electrolyser capacity is currently 270MW. And while 24.1GW and 177GW of capacity is expected to come online in 2025 and 2030 respectively, 677GW of projects in the pipeline have not announced a year of deployment. Growing competition Less than a third of European projects have indicated which type of electrolyser they install. The majority to have announced
Also in this section
17 April 2024
Building green hydrogen ports and lower production costs key to becoming global exporter
16 April 2024
European Commission to provide list of approved certifiers in a move that is expected to help unlock investment in the sector
9 April 2024
Higher country-level risk and green hydrogen project execution risks are driving up financing costs, according to the Hydrogen Council and McKinsey
4 April 2024
EET’s $2.4b plan to decarbonise major refinery in northwest England hits key milestone with CO₂ pipeline approval