MISSIONS
Supply renewable but non-intermittent, continuous and competitive electricity to electricity grid operators.
Renewable energies such as solar and wind power are by nature intermittent. They have experienced strong growth over the last decade. But even if they still only represent a minor contribution to the overall energy mix, their intermittency is already causing significant local problems for power system operators. With the massive deployment of renewable energies expected in the coming years, these problems will increase.
Many countries are publishing their hydrogen (H2) strategy and Europe is leading the green hydrogen revolution with very significant stimulus measures (41 billion euros accumulated to date in Europe).
While industry and mobility are well known applications of green hydrogen, the production of green hydrogen to provide non-intermittent renewable electricity is a new market. This hydrogen electricity, or Hydrogen Power, is considered the fastest growing segment in the coming years. It is expected to reach about 40% of the total annual hydrogen demand in the European Union by 2050 (source: FCH JU).
Hydrogen is the only long-term, massive and non-polluting energy storage solution. Hydrogen Power, which combines the production of renewable energy and its storage in the form of hydrogen, appears to be the only non-intermittent, sustainable and flexible renewable energy source for the future.
Hydrogen Power is the most promising solution to the challenge of intermittent renewable energy, offering massive and widespread deployment