16 October 2020
The electrolyser is likely to play a key role in enabling green hydrogen for the global economy’s journey to a decarbonised future, says Macquarie Capital’s Senior Vice President of Energy Technology and Solutions, Nick Carter.
Carter notes that as we move towards more decentralised energy resources and subsequent intermittent generation with rooftop solar and large scale wind and solar, the electrolyser (with its ability to provide large flexible loads) has the potential to be the missing piece of the renewables puzzle in the Australian energy market. The electrolyser is a device which splits water into hydrogen and oxygen using an electric current. When this current is produced from renewable energy, it can create green hydrogen. When leveraged appropriately, this technology can assist the build out of renewables, manage the intermittent nature of wind and solar, and open new opportunities for hydrogen producers and businesses that can develop the software needed to integrate hydrogen into our energy networks.
Figure 1 – System Schematic