The Impact of IRA on the Hydrogen Industry

After a brief break over August the EAH team are back with a brand new season! On this week's episode, they are excited to welcome Håkon Volldal, the CEO of Nel, to the show.

Nel Asa has been manufacturing electrolysers since the 1940’s, with extensive deployments across the world in both PEM and Alkaline units. 

Recently Nel announced a series of new contract orders above 20MW and a significant expansion in their electrolyser manufacturing capacity. Crucially this investment was not made in Europe, but rather in the USA with many (including Håkon) emphasising that the Inflation Reduction Act made the US unavoidable for key players.

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Links

https://nelhydrogen.com/press-release/nel-asa-expanding-production-capacity-in-wallingford/

https://renewablesnow.com/news/frances-qair-jv-places-20-mw-electrolyser-order-with-nel-828503/

https://nelhydrogen.com/press-release/awarded-iberdrola-contract-for-20-mw-green-fertilizer-project-in-spain/