Electrolysis Complements a Multitude of Industries
Hydrogen is a versatile energy carrier enabling renewable energy systems. Hydrogen from electrolysis is key to producing large quantities of sustainable energy. Plug Power has a clear development roadmap to green hydrogen at a cost of $1.50 per kilogram.
The remarkable potential of hydrogen fuel cell vehicles to reduce emissions from the transportation sector fuels the market growth rate. These vehicles release zero greenhouse gas (GHG) emissions. Large investments in green hydrogen occurring globally at this time facilitate our entry in this growing market. Plug Power is vertically integrating and helping fuel those forklift trucks and stationary fuel cells in addition to servicing many other customers out there that will need hydrogen.
electrolysis brings green hydrogen to the mainstream
Recent advances in polymer electrolyte membrane (PEM) electrolysis have made the process of electrolysis significantly more efficient in terms of both energy usage and operational costs. This, in turn, has made it much easier to couple electrolyzer systems with dynamic renewable energy sources like hydro, wind and solar.