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Home » News » ABB and AXPO partner to make green hydrogen more accessible and affordable

ABB and AXPO partner to make green hydrogen more accessible and affordable

By June 15, 2021 1:53 pm IST

ABB and AXPO partner to make green hydrogen more accessible and affordable
.

The two companies will apply their complementary skills to achieve their joint vision of more affordable green hydrogen.

ABB has joined forces with Swiss utility Axpo to develop modular green hydrogen production plants in Italy, that aim at creating an optimum operating model to produce affordable, green hydrogen.

The two companies will apply their complementary skills to achieve their joint vision of more affordable green hydrogen, with ABB harnessing its automation, electrification, and digital leadership in industrial operations and Axpo’s experience as an established energy provider.

Initial work will include feasibility studies that explore ways to reduce operating costs and ensure a low carbon footprint, with the aim of identifying synergies that will support the standardisation, modularisation, efficient and flexible production of green hydrogen.

Cost of production currently is a major barrier to adoption of green hydrogen. Green hydrogen, which is produced solely with renewable sources, is approximately six times more expensive today than grey hydrogen to produce and between two to three times more expensive than hybrid “blue” hydrogen, both of which are produced using fossil fuels as an energy source*. (*”Green hydrogen cost reduction: Scaling up electrolysers to meet the 1.5C climate goal”, irena.org)

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