A new report from Guidehouse Insights indicates that electrolyser manufacture investment and growth is massive, almost doubling capacity from 12.3 GW globally to 20.4GW during 2023 but the application of these products to fill buses, power buildings and fill caverns for yearly energy storage may be lower than predicted. leaving new equipment stranded. The prediction by end 2024 is predicted at 28.5GW worldwide. Getting the products out to green markets is a key issue which needs coordination immediately, especially in UK where ITM Power is building more membrane electrolyser factories.
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