The transition towards green hydrogen - produced via electrolysis powered by renewable energy - is not merely a stride toward sustainable production, but also a critical mechanism for the decarbonization of sectors where direct electrification is challenging. These hard-to-abate sectors, including heavy industry and transport, stand to benefit significantly from hydrogen as a clean energy vector, offering a pathway to meet stringent climate targets.
At the heart of the green hydrogen revolution lies the evolution of materials and components within electrolyzer technologies. Advancements in this area are pivotal, aiming to boost electrolyzer efficiency, extend longevity, and mitigate reliance on scarce materials. For example, innovations in PEMEL technology, such as catalysts with reduced iridium content, could significantly alleviate supply chain vulnerabilities associated with iridium's limited availability.
IDTechEx forecasts substantial growth in the electrolyzer component sector, projecting a market value of US$31.7 billion by 2034. This expansion is attributed to the expanding green hydrogen industry, where electrolyzers are indispensable. This webinar provides an insight into the material and component innovation needed in water electrolyzer technologies.
Key takeaways from this webinar:
- Introduction to the hydrogen economy and water electrolyzer technologies
- Overview of incumbent electrolyzer materials and components
- Key innovations needed in electrolyzer materials and components
- Electrolyzer component market outlook