Thursday 28 March 2024 - Technology & Market Developments for Electrolyzers in Green Hydrogen Production - Introduction to the hydrogen economy and green hydrogen production; Overview of the incumbent electrolyzer technologies; Current state of electrolyzer manufacturing and market; Key innovations needed in electrolyzer technology & overview of novel technologies; Electrolyzer market growth drivers and market outlook

Bipolar plates are crucial components in proton exchange fuel cells, representing a substantial portion of the value of the fuel cell stack. IDTechEx predicts that their market value will surpass US$2.5 billion by 2034. The choice between metal and graphite materials for bipolar plates is a significant consideration, with each option having distinct advantages depending on the specific application.

As the volume of variable renewable energy (VRE) sources penetrating electricity grids increases globally, so does the need to manage the increasing uncertainty and variability in electricity supply. Long duration energy storage (LDES) technologies will be needed in key regions from the 2030s to support electricity grids with greater penetrations of VRE.

The clean hydrogen market is poised for significant growth, driven by the increasing focus from companies and governments on developing green hydrogen infrastructure to decarbonize hard-to-abate industries. The electrolyzer is a key component of the green hydrogen plant, responsible for the splitting of water molecules into hydrogen and oxygen using renewable energy.