Nel ASA Secures New Order from Samsung C&T for Hydrogen Technology
Nel ASA Partners with Samsung C&T for Hydrogen Production
Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA, continues its advancement in hydrogen technology by securing a new contract with Samsung C&T Corporation. This recent deal involves the procurement of 10 MW alkaline electrolyser equipment, valued at approximately EUR 5 million, aimed at facilitating the first pilot project for a nuclear-connected hydrogen production plant.
This partnership marks an important milestone as it builds upon the initial contract signed with Samsung C&T earlier this year, which focused on solar power. The current project will explore the production of hydrogen derived from excess nuclear energy, addressing energy efficiency by turning otherwise wasted power into a valuable resource.
The Value of Nuclear Hydrogen
The innovative demonstration plant will serve to validate the commercial feasibility of utilizing nuclear energy for hydrogen production, particularly in periods of power oversupply. As Håkon Volldal, the President and CEO of Nel ASA, notes, "Samsung CT has ambitious plans in the hydrogen industry, and we are pleased that we, for the second time now, have been selected to deliver the electrolyser for this exciting and meaningful project."
Samsung C&T's Vision for Clean Energy
Samsung C&T, recognized for its commitment to sustainable practices, emphasizes the importance of reliable electrolysis technology for the success of this pioneering project. Byung Soo Lee, Head of the Energy Solution Business Unit at Samsung C&T, expressed excitement about the collaboration, stating, "This is the very first hydrogen production project using nuclear power in Korea and we needed to have the most reliable electrolysis technology."
Technology and Production
The contract includes a firm order for alkaline stacks and balance-of-stack (BoS) components, with electrodes being manufactured in Nel’s fully automated production line located in Herøya, Norway. This cutting-edge facility is recognized as the world's first automated electrolyser production site, bringing unparalleled efficiency and reliability to the manufacturing process.
With a history dating back to 1927, Nel ASA has established itself as a prominent player in the hydrogen technology landscape. Its focus on innovative electrolyser technology aims to pave the way for a green hydrogen economy, which could significantly decarbonize various industries, from transportation to steel production.
The Future of Clean Hydrogen
As both companies look forward to enhanced collaboration on future projects, they are determined to not only support their immediate goals but also contribute to a broader energy transition imperative. The hydrogen economy presents a promising pathway toward sustainable energy use, and partnerships like these are pivotal in realizing its potential.
In conclusion, the partnership between Nel ASA and Samsung C&T represents a significant step forward in the utilization of green hydrogen technology. As the world increasingly looks for solutions to combat climate change and pursue sustainable practices, projects like this one will play a key role in shaping a cleaner, more efficient energy landscape.