- Press Releases
March 16 (Renewables Now) - Australian hydrogen electrolyser technology developer Hysata on Wednesday said its capillary-fed electrolysis cell can produce green hydrogen from water at 98% cell energy efficiency as has been confirmed by research published in peer-reviewed scientific journal Nature Communications.
This is a world-beating efficiency which will allow hydrogen to be produced at a cost of below AUD 2 (USD 1.44/EUR 1.31) per kilogram, the company stated.
“Our technology will enable hydrogen production of below USD 1.50 per kilogram by the mid-2020s, meeting Australian and global cost targets much earlier than generally expected,” said Hysata chief executive Paul Barrett.
Hysata’s overall electrolyser system provides 95% efficiency, compared to 75% or less for existing electrolysers, the firm explained.
The company is commercialising technology invented at the University of Wollongong, with support from IP Group and the Clean Energy Finance Corporation (CEFC). It plans a pilot manufacturing plant in 2022 and has the ambition to reach gigawatt-scale hydrogen production capacity by 2025.
Green hydrogen is seen as key to decarbonising hard-to-abate sectors such as heavy transport and steel, and making it competitive will accelerate the energy transition and improve energy security. It is expected to become a trillion-dollar market.
(AUD 1 = USD 0.721/EUR 0.656)