Overcoming Challenges in Green Hydrogen Production: The Role of Splitwaters
As new technologies and new problems appear in the world, advanced industries rise to bridge the gap and create solutions. The problem of sustainability, however, requires more, and industries all over the world are changing—sometimes at their very core—to create solutions. One such solution is green hydrogen, which represents, in some ways, a shift in existing industries and, in other ways, the invention of a new energy production industry. Splitwaters, a one-stop shop company built to solve the problems of green hydrogen production, is helping to make this change possible.
New Sustainability Tech to Revolutionize Old Industries
Unlike conventional hydrogen production methods that rely on fossil fuels, green hydrogen is produced through water electrolysis that can be powered by renewable energies such as wind or solar. This process yields a clean, renewable energy source with zero carbon emissions. It offers a promising avenue to decarbonize industries and mitigate climate change.
With industries such as steel, chemicals, and shipping accounting for a substantial portion of global emissions, green hydrogen presents a compelling opportunity to decarbonize these hard-to-abate sectors. However, despite its immense potential, the widespread adoption of green hydrogen faces challenges that must be addressed to realize its full impact.
Splitwaters, led by co-founder and CEO Deepak Bawa, has risen to confront this as a pioneering company specializing in manufacturing green hydrogen electrolyzers, the cornerstone of green hydrogen production. The company has set a goal of providing comprehensive solutions to address the challenges facing the industry.
Rising to Face Unique Industry Challenges
One of the primary issues confronting the green hydrogen industry is cost. While advancements in technology and falling renewable energy prices have contributed to cost reductions, further declines are needed to make green hydrogen economically competitive with traditional fossil fuels. Additionally, a lack of transportation and storage infrastructure presents a barrier to scaling up production and distribution.
By providing Balance of Plant equipment and engineering, procurement, and construction services for green hydrogen production plants, Splitwaters streamlines the process. This eliminates the need for clients to coordinate with multiple companies. The one-stop-shop company not only reduces coordination fees by combining all the services for green hydrogen plants under one umbrella but also minimizes markups on procured equipment and contingencies, resulting in significant cost savings for clients.
