Renewable Energy World: Renewable hydrogen started as an alternative to renewable energy curtailments, specifically in regions like California, where there is so much solar energy produced during the day that it is essentially free and can be used to create hydrogen. Recent announcements from Microsoft, a technology company, and NextEra Energy, a renewable energy company, indicate an eagerness to learn and gain operational experience from owning a hydrogen plant.
In addition to utility applications, the heavy-duty truck industry is looking at hydrogen for long hauls. We expect hydrogen viability as a fuel primarily for more extended range and heavy truck transportation to increase because we see a decrease in hydrogen production costs and an increase in electrolyzer production capacity from major manufacturers such as NEL.
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