Hydrogen
For decades, hydrogen has played a subtle but integral role in society, supporting the oil & gas and chemicals industry and serving as a key input in everything from plastics to fertilizer. However, it has only been in recent years that hydrogen has been seriously considered as a decarbonization agent in industries like transportation and power. Today, hydrogen is emerging as a leading technology to help reach net zero carbon emissions by 2050.
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Hydrogen production
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Hydrogen storage
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Hydrogen utilization
The Challenge
Now is the time to tap into hydrogen’s potential. A zero-carbon fuel source and long-duration storage, hydrogen is essential to deep decarbonization. However, cost-effectively deploying hydrogen at scale remains a critical challenge. Mitsubishi Power is collaborating with energy experts to develop and deploy hydrogen infrastructure across the Americas. It’s not about 2050, it’s about today.
Our Solution: Enabling low-cost hydrogen
Hydrogen is a cost-effective solution for long-duration energy storage and a low to no carbon fuel source that will enable cross-sector decarbonization. With the support of tax credits and incentives, increased deployment of utility-scale hydrogen production, and the ongoing addition of renewables, the cost of hydrogen will continue to decline. Mitsubishi Power is working with key partners to deploy a low-cost hydrogen ecosystem across the entire value change.
Our Approach
Our approach to decarbonization is to meet our customers and partners where they are on their decarbonization journey. Geography, available resources, and existing infrastructure all play a critical role in determining the best path forward. We partner with our customers to develop the most cost-effective solution using what they have available while deploying new technology and business models to help them achieve their net zero goals.
Advanced Clean Energy Storage Project
Located in Delta, Utah, the Advanced Clean Energy Storage hub will be a large renewable energy storage facility. Capable of decarbonizing the western United States, the site will enable utility and industrial scale green hydrogen production from renewable energy sources and store the hydrogen in underground salt dome caverns to provide a huge reservoir of renewable fuel for power generation.
From A to Zero, we can help you reach your decarbonization goals
Mitsubishi Power understands the solutions power producers need to navigate the energy transition: We are moving with a sense of urgency to develop them, while also working to ensure resource adequacy and affordability. Wherever you are on your net zero journey, our hydrogen-ready solutions can help you chart your course toward a clean energy future.
