Hydrogen Energy Storage Companies: Pioneering a Clean Energy Future

Hydrogen energy storage is a crucial component of a sustainable energy landscape. These companies are at the forefront of developing innovative solutions to store and transport hydrogen efficiently, making it a viable alternative to fossil fuels.  

Key Companies in the Hydrogen Energy Storage:

• Linde plc (Ireland),
• Plug Power Inc. (US),
• ENGIE (France),
• Iwatani Corporation (Japan),
• FuelCell Energy, Inc. (US).

Recent Developments

• In April 2023, Linde plc signed an MOU with Snam to develop clean hydrogen projects and related infrastructure in Europe. Linde and Snam will work in the areas of production, distribution, compression, and storage.
• In November 2021, Iwatani Corporation of America, a wholly owned subsidiary of Iwatani Corporation, and ITM Power, the energy storage and clean fuel company, partnered to deploy multi-megawatt electrolyzer-based hydrogen energy systems in North America.
• In October 2021, Plug Power Inc. acquired Applied Cryo Technologies, Inc. (ACT).  The acquisition of ACT adds significant capabilities, expertise, and technologies to Plug Power Inc. that will help the company expand the green hydrogen ecosystem.
• In August 2021, Linde plc inked a long-term agreement with Infineon Technologies for the on-site production and storage of high-purity green hydrogen.
• In January 2021, ENGIE and Total signed a cooperation agreement to build to develop, build, and operate the Masshylia project, France’s largest renewable hydrogen production site at Châteauneuf-les-Martigues in the South region. A cutting-edge management approach will be put into practice to oversee the production and storage of hydrogen.

Emerging Technologies in Hydrogen Storage:

• Liquid Hydrogen Storage:

Storing hydrogen as a liquid at extremely low temperatures.

• Metal Hydride Storage:

Using metal alloys to absorb and release hydrogen.

• High-Pressure Storage:

Storing hydrogen as a gas at high pressures.

Challenges and Opportunities:

• Infrastructure Development:

Building the necessary infrastructure for hydrogen production, storage, and distribution.

• Cost Reduction:

Reducing the cost of hydrogen production and storage to make it competitive with fossil fuels.

• Safety and Regulations:

Ensuring safe handling and transportation of hydrogen.

As the demand for clean energy continues to grow, hydrogen energy storage companies are playing a vital role in shaping a sustainable future. Their innovative technologies and advancements are paving the way for a cleaner, more efficient energy landscape.