Metals volatility drives electrolyser price inflation
PEM and alkaline electrolyser prices have risen by 30pc and 21pc respectively due to volatility in platinum, iridium and nickel markets, says consultancy Rystad Energy
Prices for polymer electrolyte membrane (PEM) electrolysers are likely to stay high in 2023 amid tight supply of platinum group metals, according to consultancy Rystad Energy. Volatility in key metals for PEM and alkaline electrolysers has already caused respective price rises of 30pc and 21pc between 2020 and 2022. Platinum and iridium—used in catalyst coated membranes and crucial for PEM electrolysers—have seen particular volatility between January 2021 and the start of 2023. Rystad warns that prices for these metals are likely to increase over the coming year due to an approaching supply crunch. 212GW – Electrolyser capacity estimated by 2030 South Africa accounts for 83pc of glob
Also in this section
28 March 2024
Investment landscape is firming up in North African country with potential to become one of the world’s major exporters
22 March 2024
German energy firm and Canada-based Pattern Energy aim to ship green ammonia to Hamburg in latest move to secure imports to Europe’s largest economy
22 March 2024
French company prepares for commercial launch of underground storage system to be deployed at green hydrogen production and consumption sites
21 March 2024
Region has competitive edge in low-carbon hydrogen, but infrastructure and export challenges are key roadblocks to overcome