Spanish engineering company, Antropia, claims to have developed a breakthrough technology that can significantly reduce the production costs of green hydrogen.
Green hydrogen, produced by using renewable energy to split water into hydrogen and oxygen, is a clean and versatile fuel that can potentially replace fossil fuels in various industries, such as transportation and energy. However, the high cost of producing green hydrogen has been a major obstacle to its widespread adoption. Antropia’s technology could change that.
Antropia’s patented technology uses a new type of electrolyzer, called the Catalyzer, that reportedly improves the efficiency of the electrolysis process and reduces energy consumption by up to 40%. The company claims that its technology can produce green hydrogen at a cost of €1 per kilogram, which is around 80% lower than the current market price. The company has already built a pilot plant in Spain and plans to scale up the production capacity to 500 MW by 2026.
The potential impact of Antropia’s technology on the green hydrogen market is significant. Green hydrogen is a key element in achieving the European Union’s climate goals of net-zero greenhouse gas emissions by 2050. The European Commission has set a target of 40 GW of electrolysis capacity for green hydrogen by 2030, which would require a substantial reduction in production costs. Antropia’s technology could help achieve this goal and accelerate the transition to a green economy.
However, there are also challenges to the widespread adoption of green hydrogen. One of the biggest challenges is the lack of infrastructure for its production, storage, and distribution. Building a new hydrogen economy would require significant investments in infrastructure, which could take years to develop. Another challenge is the competition from other low-carbon fuels, such as battery-electric vehicles and biofuels, which also vies for a share in the decarbonized economy.