The momentum behind green hydrogen fuel cell and electrolyser technologies is undeniable, as governments worldwide recognise the potential of H2 in helping meet carbon reduction targets being set internationally.
In October 2024, the EU Innovation Fund awarded €4.8 billion to 85 innovative projects, with hydrogen projects accounting for 30% of the total awards. This represents the largest allocation since the fund's inception in 2020, bringing the overall support to €12 billion.
The recent EU Innovation Fund allocation is set to generate 9.3 GW of electrolyser capacity, a substantial increase from the 2.9 GW projected in all previous Innovation Fund projects combined. This quadrupling of funded electrolyser capacity demonstrates the growing focus on scaling up green hydrogen production.
Diverse Technology Support
The funded projects cover a range of electrolyser technologies, including:
- Five projects deploying proton exchange membrane (PEM) electrolysers
- Three projects utilising alkaline technology
- Two projects implementing solid oxide electrolysis cells (SOEC)
- One project employing anion exchange membrane (AEM) technology
Diversity in supported technologies indicates a multi-pronged approach to advancing hydrogen production methods. The renewable energy funding highlights the EU's commitment to hydrogen technologies as a key component of its decarbonisation strategy. It is a story that is being replicated beyond Europe.
For example, in the US, policy driven investment continues to grow. The Inflation Reduction Act recently enacted has provided tax credits aimed at accelerating adoption in hydrogen and fuel cell technologies, making technologies under that umbrella more cost competitive.
Our new White Paper documents the workings and importance of various sealing products in ensuring fuel cells and electrolysers deliver. The White Paper, entitled, Empowering Decarbonisation: Unveiling the Role of PEMFC, AFC, PEMEL, and AEL Technologies in Advancing Fuel Cells and Electrolysers, shows how these technologies can influence efficiency, cut costs and improve durability, helping to scale up production and utilization.
The technical paper provides a detailed account of these technologies as used on gaskets in fuel cell and electrolyser applications, and the composite gasket materials contributing to their effectiveness. Learn about:
- Four fuel cell technologies and their essential capabilities
- The technical structure and functional principles behind these technologies
- The market outlook for fuel cells and electrolysers
- The current regulatory environment
Download our comprehensive White Paper now to gain crucial insights into the latest advancements in fuel cell and electrolyser sealing technologies, essential for staying ahead in the rapidly evolving green hydrogen sector.