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A hydrogen energy system includes hydrogen generation, transportation and storage, use, and other components. It is particularly crucial to develop technology for safely delivering and storing hydrogen with a low energy density.
As a transportation storage medium for hydrogen, various technologies such as high-pressure hydrogen gas, storage alloys, liquid hydrogen (LH2), complex type, carbon type, and the like are currently being researched and developed. However, it is evident that none of these technologies can match the energy transport density of fossil fuels.
Among these, LH2 is a viable way to transport hydrogen due to its density, which is around 800 times greater than that of hydrogen gas at standard temperature and atmospheric pressure.
Global hydrogen energy management system market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
ABB introduces a green hydrogen energy management solution to save manufacturing costs by up to 20%.
Ability by ABB OPTIMAX will assist hydrogen production firms in up to a 20% reduction in electricity-based costs.
Software will boost the effectiveness of energy-intensive electrolyzers that create green hydrogen.
By including forecasting and day-to-day planning, the approach guarantees that businesses may engage in competitive grid trading.
In order to save production costs by offering real-time awareness of energy use across operations, ABB presents its energy management system ABB Ability OPTIMAX to the green hydrogen sector.
Green hydrogen produced through electrolysis, which involves using renewable energy to separate water into hydrogen and oxygen, is frequently cited as a key energy source for achieving a low-carbon future. The high cost of production and energy-intensive processes do, however, provide serious obstacles.
This is made possible by ABB’s OPTIMAX, which supports every stage of the lifespan of a hydrogen plant, from simulation during the design and engineering phases to real-time visualisation and monitoring during operation.
The programme measures the two-way power flows and carbon dioxide emissions and provides operators with contextual data to help them decide on the ideal energy consumption levels needed to support plant operations and reduce waste.
