The race to make green hydrogen competitive is on

[superadmin]

The race to make green hydrogen competitive is on. And Europe is building industrial-scale electrolyzers to help

• Hydrogen has a diverse range of applications and can be deployed in a wide range of industries.
  
• Siemens Energy and Air Liquide have announced plans to focus on the production of “industrial scale renewable hydrogen electrolyzers in Europe.”
  
• A growing number of multinational firms are attempting to lay down a marker in the green hydrogen sector.
  

Siemens Energy and Air Liquide have announced plans to set up a joint venture focused on the production of “industrial scale renewable hydrogen electrolyzers in Europe.”

The move, announced on Thursday, represents the latest attempt to find a way to drive “renewable” or “green” hydrogen production costs down and make the sector competitive.

The establishment of the joint venture — Siemens Energy will have a 74.9% stake, while Air Liquide will hold 25.1% — is subject to approval from authorities.

If all goes to plan, its headquarters will be in Berlin, with a facility producing electrolysis modules, or stacks, also based there.

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