(Image: iStock)
China is set to lead global electrolyser installations with nearly 70% of projected capacity this year, according to the International Energy Agency’s (IEA) Global Hydrogen Review 2024.
Electrolysers, which use electricity to split water into hydrogen and oxygen, are a critical technology for producing low-emissions, or “green” hydrogen, from renewable or nuclear electricity.
By the end of 2023, installed electrolyser capacity reached 1.4 GW globally, with projections indicating it could rise to 5 GW by the end of 2024, primarily driven by projects in China, the report notes.
