ITM Power (London: ITM) based in the UK was able to increase bookings by GBP 4.87 million to GBP 23.54 million. Projects for which contracts should be awarded soon have a combined value of GBP 16.67 million, so that the expected backlog is at around GBP 40 million. An intriguing product development is ITM’s recent showcase of a 50-megawatt electrolyzer design at the Las Vegas trade show SPI. It reportedly made it possible to produce 20 tons of hydrogen per day.
The decentralized production of hydrogen from eco-power – whether used to stabilize the grid or utilize excess capacities – will play an increasingly larger role in future energy systems. The created hydrogen can either be stored locally, converted to methane by adding carbon monoxide or fed directly into the natural gas network. The HylyPure project supported by the Austrian Climate and Energy Fund was the first opportunity