Green Hydrogen Economy May Consume 2.4 Million Ounces Of Platinum Annually By 2030

31 Aug 2023 | Abstracted from Kitco

"...commodity analysts at Bank of America said that the hydrogen economy has seen significant growth in the last year, and is actually growing at 3.5 times the previously estimated pace. Electrolysis capacity could now hit 205GW by 2030E...still far from the 560GW required to reach Net Zero by 2050

"..nickel-containing alkaline water electrolysers (AELs) currently being the industry standard...platinum-intensive proton exchange membrane electrolysers (PEMs) have gained traction and currently account for 32% of installed electrolysis projects globally."

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