Top10 GreenHydrogen plants; Despite the hype surrounding hydrogen as a clean energy source, most of the planned 1,600 projects lack committed buyers. Only a minority have secured firm purchase agreements. Analysts advised that successful projects should align with customers and have integrated clean energy sources.
1. Asian Renewable Energy Hub (AREH; Pilbara, Western Australia; 14 GW; Securing long-term purchase agreements and funding.
2. NortH2;Eemshaven, Netherlands; 10 GW Aligning with customer needs and securing investments.
3. AquaVentus: Heligoland, Germany;10 GW Infrastructure development and integration with renewable energy sources¹.
4. WesternGreenEnergy Hub**; Western Australia; 50 GW Funding and logistical challenges².
5. Fukushima Hydrogen Energy Research Field (FH2R); 10 MW **: Securing buyers for large-scale production.
6. Green Hydrogen International’s Hydrogen City:Texas, USA; 60 GW Securing buyers and investment.
7. HyStor Energy’s Mississippi Clean Hydrogen Hub; 10 GW Lack of committed buyers and funding¹.
8. H2 Magallanes:Chile; 8 GW; Securing long-term purchase agreements¹.
9. NEOM ;Saudi Arabia4 GW; Aligning with customer needs and securing investments¹.
10. HyDeal ; Spain! 95 GW (planned); Securing buyers and investment.
Source / shared link: https://m.economictimes.com/industry/renewables/why-almost-nobody-is-buying-green-hydrogen/articleshow/112503323.cms
Originally published on LinkedIn on 2024-08-13 20:38:26: https://www.linkedin.com/feed/update/urn%3Ali%3AgroupPost%3A60128-7229224805772795904
