Green hydrogen is the key opportunity to make the energy transition a reality and limit global warming sufficiently.
Currently green hydrogen is neither mass-produced nor cost competitive.
However, green hydrogen has the potential to become competitive once learning curves and economy of scale effects are achieved.
Teijin’s aim, as a member of the HyScaling consortium project, is to make green hydrogen a competitive energy carrier and feed stock for the industry.
The HyScaling consortium project aims to reduce the cost of producing hydrogen through electrolysis by 25-30% in order to enable the Netherlands to implement up to 5 GW of electrolysis capacity by 2030.
The project involves improving the efficiency, lifetime, and cost of electrolyzers with the goal of establishing a viable supply chain for large-scale electrolyzer production in the Netherlands and positioning the country’s high-tech industry as a key player in the global electrolyzer market.
The project also aims to make green hydrogen competitive for use in various sectors including industry, transportation, and residential use by enabling further extension of renewable power sources and exploring use cases at various scales.