This research study focuses on disruptive technologies and the latest achievements in electrolyzer technologies. The study highlights the necessity for electrolysis technology and discusses the major challenges its development faces in gaining wide-scale market adoption and competitiveness.
Current low-cost hydrogen production methods utilize fossil fuels and produce GHG emissions. Producing renewable hydrogen via electrolysis is potentially the ideal route for industrial application. Electrolysis technology offers several advantages, such as the production of carbon-neutral fuel, integration of renewable energies, facilitation of the electricity grid balance, and enhancement of the sustainable use of surplus energy. The findings and growth opportunities that this study depicts will help drive the electrolyzer industry’s economic growth and technology revolution.
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