BAKU, Azerbaijan, June 10
By Leman Zeynalova - Trend:
Swiss Axpo and ABB will be engaged in developing modular green hydrogen production plants in Italy, Trend reports with reference to ABB.
The project is aimed 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 standardization, modularization, 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.
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