Direct electrification and batteries aren't always possible. For hard-to-abate applications like road haulage, shipping and aviation, where there's a requirement for high utilisation and weight is key, green hydrogen offers a cost-effective credible solution. At the start of 2021 over 30 countries released national hydrogen roadmaps with governments committing over £50 billion in funding. Worldwide, there are currently over 200 hydrogen projects in the pipeline, with over £215 billion invested. Green hydrogen can also be used to balance the UK national grid. With rising numbers of intermittent wind and solar farms supplying the grid, balancing supply and demand is becoming increasingly difficult without controllable sources of demand. Green hydrogen can be produced in all weathers, thereby enabling a higher amount of renewables to supply the grid.
For hydrogen buyers Octopus Hydrogen supply fuel-cell grade green hydrogen at 350 or 700 bar in batches ranging from 200kg to 1000kg, with prices starting from £5.30 per kg. Green hydrogen is delivered directly to customer sites using mobile hydrogen storage and dispensing solutions via a zero emission hydrogen-powered HGV. Octopus Hydrogen also lease hydrogen-powered vehicles, offering a pay-per-mile option for vehicle operators who require a risk-free zero emission HGV operation. The all-inclusive price per mile covers the cost of the vehicle, the supply of hydrogen fuel, as well as other costs like maintenance, insurance and road tax. Octopus Hydrogen also commission and operate hydrogen generation equipment at the sites of renewable developers interested in securing competitive PPA agreements and would like to discuss off-take opportunities with green hydrogen generators who are planning a green hydrogen project or are already producing green hydrogen.
For further details about Octopus Hydrogen, you can visit the official website here.
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