Electric Hydrogen's Milestone: Construction of 100MW Electrolyser Plant in Europe
Key Ideas
- Electric Hydrogen partners with Ingeteam to supply rectifier systems for its 100MW PEM electrolyser plant in Europe, aiming to reduce total project costs significantly.
- Ingeteam's power conversion technology is praised for pushing performance boundaries and driving down the cost of clean hydrogen, supporting Electric Hydrogen's vision for cost-efficient green hydrogen production.
- Electric Hydrogen is confident in achieving low green hydrogen costs of $1-2/kg with its large-scale PEM electrolysers, showcasing its commitment to sustainability and competitive pricing.
- The company's focus is shifting towards Europe as a green hydrogen hotspot, with CEO Raffi Garabedian highlighting the region as the primary driver of demand over the US, despite the incentives provided by the Inflation Reduction Act.
Electric Hydrogen (EH2) in the US has embarked on the construction of its first 100MW electrolyser plant in Europe through a partnership with Ingeteam to supply rectifier systems. This collaboration aims to integrate the rectifier systems into the PEM electrolyser plants, resulting in significant cost reduction of up to 60% compared to industry benchmarks. EH2's CEO, Raffi Garabedian, expressed confidence in the cost efficiency of their green hydrogen production, targeting costs as low as $1-2/kg with their large-scale electrolysers.
Ingeteam's power conversion technology is lauded for its role in enhancing performance and driving down the cost of clean hydrogen, aligning with EH2's goal of sustainability and competitive pricing. The focus on Europe as a green hydrogen hotspot is emphasized, with EH2 shifting its attention to the region due to increased demand and market opportunities. Despite the US incentives provided by the Inflation Reduction Act, EH2 acknowledges Europe as the primary driver of current demand for green hydrogen.
Additionally, EH2's expansion plans include the design of a 200MW electrolyser plant for Uniper's Wilhelmshaven project in Germany. The company's commitment to reducing hydrogen production costs and simplifying EPC work demonstrates its dedication to advancing green energy technologies. Through strategic partnerships and technological innovations, Electric Hydrogen is poised to make significant contributions to the green hydrogen sector and drive towards a more sustainable future.
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