Plug making green hydrogen a reality in Europe and beyond

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In late September, Germany and England joined forces to propel the industry forward with green hydrogen. Combined with series of other initiatives, Plug sees this declaration as an encouraging signal for the development of the green hydrogen sector

Determined to usher in an era of sustainable energy, the two governments championed low-carbon hydrogen as a cornerstone of their respective energy landscapes. This united front signals a resolute commitment to a cleaner, more sustainable future for both nations and the world at large.

Plug Power, founded in the United States in 1997, is a key player in the green hydrogen solutions market in North America, Europe and beyond. Plug is, therefore, very attentive to transnational initiatives supporting the sector.

Plug focuses on providing clean, efficient and reliable hydrogen solutions for a variety of applications, including material handling, stationary power and on-road vehicles.

Plug’s commitment to sustainability contributes to global efforts to reduce carbon emissions and transition towards green energy alternatives, making it an ideal partner to both the private and public sectors as the global push for decarbonisation moves forward.

A comprehensive green hydrogen system

With unique end-to-end industry expertise, Plug’s products and solutions span across the entire hydrogen value chain.

Not only do we manufacture electrolysers and fuel cells, but we are also building a complete green hydrogen ecosystem, from the generation of the hydrogen molecule to end-market hydrogen applications, such as forklifts and hydrogen vans:

  • We produce and liquefy hydrogen.
  • We transport hydrogen from its production sites to our clients with trailer solutions.
  • We store and handle hydrogen with our integrated turnkey handling systems.
  • We dispense hydrogen.
  • We use hydrogen.

Plug initially gained prominence in the North American material handling sector, providing hydrogen fuel cell solutions for forklifts and other warehouse equipment.

Our success in this market, with the support of our high-profile clients, allowed us to build robust expertise in the use of fuel cells for material handling.

Fifteen years of experience has taught us much, allowing us to expand into other global markets, such as commercial mobility trucks and stationary power generation.

As Plug continues to expand in North America, we are proud to have built a gigafactory in Rochester, New York, for building fuel cells and electrolysers. In addition, we have established a series of production sites in the US, while also progressing into Europe.

Building strong partnerships based on Plug’s experience to realise Europe’s decarbonisation objectives

While the German/UK agreement is yet another encouraging signal coming out of Europe, there is still a way to go.

Regulatory elements, such as the definition of green hydrogen set out in the delegated act adopted last summer, could be more industry friendly. It is a challenge that we will have to overcome.

Nonetheless, there is a growing favourable political environment in the EU with a clear push for green hydrogen in the framework of the Green Deal, as well as in European countries, where we see flourishing hydrogen strategies.
Bilateral agreements, such as the one between the UK and Germany, will help accelerate the development of an international hydrogen industry.

What are the challenges facing the green hydrogen sector?

Strong political support is crucial, considering the variety of challenges the green hydrogen sector must overcome:

  • Despite the existing Hydrogen Bank and various other subsidies in Europe, there is still a clear need for financial support.
  • As the availability of land and renewable energy is critical to producing green hydrogen, we expect fierce competition to access it when produced close to the main demand centres in Europe.
  • We will, therefore, need hydrogen transport infrastructure and solutions to enable connections between peripheral production regions and demand centres.

We are convinced that neither Plug nor any other actor in the hydrogen sector can overcome these challenges alone. Cooperation, at the heart of plugs development plans in Europe, will be key to hydrogen’s success.

Cooperation in action

In 2021, Plug established Hyvia, a joint venture with Groupe Renault to offer a complete ecosystem of green hydrogen mobility solutions, including hydrogen supply, hydrogen refuelling stations, vehicles, services and maintenance. Combining Renault’s more than 100 years of experience in light commercial vehicles and European market leadership with Plug’s hydrogen technology and expertise enabled us to create a European champion, bringing solutions that are not only scalable but also efficient and adaptable.

Additionally, Hyvia is a key hydrogen demand vector for Plug’s green hydrogen solutions, requiring the deployment of a robust territorial hydrogen network.

In Antwerp, Plug is placing its first building block in Europe for hydrogen production. We are developing one of the largest green hydrogen plants in Europe there based on our PEM electrolyser technology.

Our 100MW plant is expected to produce 12,500 tonnes per year of liquid and gaseous green hydrogen for the European market. Antwerp is especially appealing because:

  • It is the second-largest industrial port in Europe and provides world-class infrastructure.
  • It is located in a major demand area with an active industrial community.
  • It offers efficient connectivity by sea, road and soon by hydrogen pipeline.

In addition to the obvious geo-strategic interest of the port of Antwerp-Bruges, we encountered strong political support from the highest levels in Belgium and from the port of Antwerp-Bruges. This close collaboration has been key for the success of our project enabling Plug to provide, in the future, a source of clean energy for local industries and surrounding regions. This project can eliminate approximately 1.4 million tonnes of CO2 emissions within the first 10 years of its operation.

Plug has called for political action to turn the German-Danish hydrogen pipeline into reality by 2028

In November of this year, Plug signed a joint declaration at the German-Danish Green Hydrogen Summit in Copenhagen, calling for political action to turn the German-Danish hydrogen pipeline into reality by 2028.

Plug joins more than 30 companies in urging the German and Danish governments to expedite planned hydrogen infrastructure by underscoring the potential of green hydrogen in enabling a net zero emission economy.

Plug is a team player, engaged in Europe to play a key role in the fight against climate change and towards decarbonisation. We have established strong partnerships with key players and are committed to further developing our initiatives and contributing to make green hydrogen an industrial reality in Europe.

Please Note: This is a Commercial Profile

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