McDermott International, Ltd and New Energy Development Company LLC today announced the completion of engineering for two transformative 50-megawatt energy projects. Each modular, expandable hydrogen facility will produce nearly 24,000 kilograms per day of renewable hydrogen.
"The engineering ingenuity of this design became a reality through the collaboration of many skilled and talented individuals across our two companies," said Cesar Canals, Senior Vice President of CB&I Storage Solutions. "Companies all over the world are looking for tangible solutions to reduce their carbon footprint and this design provides a valuable hydrogen solution to accomplish that goal."
Each facility leverages New Energy's proprietary design to power a series of electrolyzers to produce green hydrogen and oxygen. The design also provides the flexibility to incrementally expand production and storage capabilities through modular additions.
Key data points: The growth forecast is 20.2% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities, and forecasts in the industrial hydrogen fuel cell system market to 2031 by type (proton exchange membrane fuel cell, phosphoric acid fuel cell, solid oxide fuel cell, molten carbonate fuel cell, and others), application (transportation, stationary power generator, steel industrial processes, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Download free sample pages"Working closely with our strategic partner, CB&I Storage Solutions, we believe New Energy's innovative, flexible design can provide the most cost-effective application of green hydrogen technologies for the natural gas industry," said Alexander "Hap" Ellis, New Energy Managing Partner.
The hydrogen design is ideal for grid-scale blending with natural gas pipelines, blending existing or new power generating facilities and energy storage injection into salt caverns and above ground storage tanks. The facility design allows for incremental 15 megawatts of 100 percent hydrogen-fueled power generation to support grid-scale energy storage applications.
"As we look toward the future, we strongly believe that hydrogen will have a very prominent role and we will continue to apply our collective expertise to make that future a reality," said Matthew Harwood, McDermott's Senior Vice President of Strategy, Risk and Sustainability.
