The Dutch Institute for Sustainable Process Technology has launched a GW - scale electrolysis plant at Rotterdam it says could reduce the cost of creating hydrogen . The scheme is part of the Institute ’s Gigawatt Elektrolysefabriek project to produce hydrogen from wind and solar plants . Existing electrolysis schemes have low capacities , the gas is made from natural gas and a gigawatt - scale plant would cost about € 1bn ( $ 1.1bn ) . Project experts say the hydrogen scheme is expected to cut costs by up to a factor of four and that a € 350 m plant would be a competitive alternative to using fossil fuels to produce hydrogen .
The Dutch Institute for Sustainable Process Technology has launched a GW-scale electrolysis plant at Rotterdam it says could reduce the cost of creating hydrogen. The scheme is part of the Institute’s Gigawatt Elektrolysefabriek project to produce hydrogen from wind and solar plants. Existing electrolysis schemes have low capacities, the gas is made from natural gas and a gigawatt-scale plant would cost about €1bn ($1.1bn). Project members say the Rotterdam project is expected to cut costs by up to a factor of four and that a €350m plant would be a competitive alternative to using fossil fuel to make hydrogen.