Hydrogen Tech World August 2024 | Page 16

[ storage ]

Underground vertical system for revolutionary hydrogen storage

Current hydrogen storage constraints mean there is no optimal solution for storing mid-range quantities of hydrogen . To respond to market demand , underground vertical hydrogen storage could be a game-changer for the hydrogen value chain .
By Vincent Designolle , Delphy Director , Vallourec
Growing demand for hydrogen storage
Hydrogen will have a significant role to play in meeting global emissions reduction targets , and the shift from grey to green hydrogen is gaining pace . After 2025 , nearly all new hydrogen production coming online is expected to be clean hydrogen .¹
The demand for green hydrogen production and supply is thus growing around the world . In Europe , the REPowerEU initiative targets the production of 10 million metric tons of green hydrogen by 2030 .² In the United States , the Inflation Reduction Act has committed to funding seven new regional clean hydrogen hubs .³
With hydrogen high on the global energy agenda , the industry needs safe and efficient storage solutions at every step of the value chain . Upstream , the production of green hydrogen comes with inevitable challenges related to the intermittence of renewable energy used to power
16 Hydrogen Tech World | Issue 17 | August 2024