Hydrogen-Power, accelerator of the energy transition

Hydrogen power enables the massive roll-out of renewable energies

The hydrogen power market is set to grow strongly in the coming years as the need to increase green energy production to meet the industry's decarbonisation objectives becomes more important. Nevertheless, the increase in the production of electricity from renewable sources, wind and photovoltaic in particular, made possible by the increased competitiveness of these modes of production, implies new challenges and in particular the management by the grids operators of their intermittent production by nature.

Thanks to its physico-chemical properties, hydrogen has long been considered the energy carrier of the future, a perfect substitute for hydrocarbons and a solution for responding, on a large scale, to the new constraints posed by the increasing electrification of the energy mix and the rise of renewable energy.

The development of hydrogen power is a powerful accelerator of the energy transition, with the supply of non-intermittent renewable energy.

As such, according to FCH JU (Fuel Cell and Hydrogen Joint Undertaking), hydrogen power represents, after industry and mobility-related applications, a revolutionary and powerful outlet for hydrogen. In Europe, the share of hydrogen power may reach 15% of global demand by 2030 and 41% by 20501.

Répartition de l'utilisation de l'hydrogène

A multi-billion dollar market opportinity

The hydrogen power market is expected to expand initially in areas where power generation is primarily based on diesel generators. In these markets, the Renewstable® plant being developed by HDF Energy will offer an economically competitive and clean energy alternative. This market represents a current opportunity estimated at 277 GW of green power generation to be installed and 18 GW of associated fuel cells.

As Hydrogen Power projects become more competitive, they could eventually address larger and less isolated networks.

HDF Réseau

A new European hydrogen network

In Europe, the development of hydrogen-electricity will benefit from the hydrogen distributed by the hydrogen infrastructures that are being developed in the context of the European Hydrogen Backbone initiative. This transport infrastructure dedicated to hydrogen in Europe, supported by European gas transport network operators, should give rise to a network of interconnected hydrogen distribution pipelines.

In addition, industry players, such as the Hydeal group, are joining forces with the aim of developing competitive green/decarbonised hydrogen infrastructures and are aiming for a price of 1.5 euros/kg in 2030.

Infrastructure du réseau 2030

2040 Infrastructure du réseau 2040

Source : European Hydrogen Backbone – Madrid Forum 14 Oct 2020

1 Source : FCH JU “Hydrogen roadmap Europe, a Sustainable Pathway for the European Energy Transition”