RR - PR28 Jun 2022 15:38
Holdings in start-up companies in northern Germany secure Rolls-Royce Power Systems access to key green hydrogen production technology
Electrolysis systems for several megawatts of power
First demonstrator in 2023 using a Hoeller stack
Rolls-Royce is entering the hydrogen production market and acquiring a 54% majority stake in electrolysis stack specialist Hoeller Electrolyzer, whose innovative technology will form the basis of a new range of mtu electrolyzer products from its Power Systems division. Hoeller Electrolyzer, based in Wismar, Germany, is an early-stage technology company that is developing highly efficient polymer electrolyte membrane (PEM) stacks, under the brand name Prometheus, for the cost-effective production of hydrogen.
Hydrogen is an increasingly attractive power source to fuel the green energy transition and demand for ‘green’ hydrogen – whose production creates no CO2 – is expected to rise significantly. It is needed for fuel cells and hydrogen engines, for the production of synthetic ‘drop-in’ fuels and for industrial processes that currently use hydrogen that is not created in a carbon neutral process. Consequently, high-performance electrolyzers are a key component of any hydrogen system