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‘System Integration’ is the new buzz word! Emissions-free sources produced 74% of EU electricity in January-June 2024, of which 50% was from renewable sources like wind and solar, and 24% from nuclear. The main driver of Europe's changing energy mix is the rapid installation of renewable energy capacity. The EU built 56 gigawatts of new solar power capacity in 2023 - the highest in any year to date - and 16GW of new wind capacity (source: Eurelectric). The massive build out of solar and wind creates new challenges like grid congestion and price cannibalization. When the wind blows across the North Sea, all wind parks produce a lot of electricity resulting in low electricity prices. Same is true for solar on a sunny day. Network operators often do not even give the full connection to unlock peak capacity. This will result in a slowdown of solar and wind developments (slower and more expensive energy transition) and grid congestion (loss of economic activity). The cheapest way to get to net zero is 3-5x renewable power generation overcapacity. Problem is that Europe only has 10% #renewableenergy (50% of power, which is 20% of the total energy system) still and that additional developments are increasingly challenged. The solution is ‘System Integration’, solutions that divert surplus electrons to more valuable markets and provide electrons when there is no sun or wind. These solutions need to be flexible to follow the volatility of power markets. #Batteries play an important role, but are economically full in a few hours and hence cannot store a full sunny day. #Battolyser offers a unique #systemintegration solution. It is an #electrolyser with battery capacity that can produce #hydrogen when power prices are low and discharge power when prices are high. https://lnkd.in/eBkfKz_e

Lowering the Cost of Renewable Hydrogen with the World’s First Electrolyser with a Battery Capacity

Lowering the Cost of Renewable Hydrogen with the World’s First Electrolyser with a Battery Capacity

https://renewableh2.eu

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