Home /large Scale Hydrogen Storage Ecosystem Assessment Large-scale Hydrogen Storage Ecosystem Assessment

Quick overview

Our client, a global energy player, was looking for an assessment of various large-scale (150-300 tons) hydrogen storage methods, and developments (present and upcoming in 2022-25) at a global scale.

Client success details

The support and insights FutureBridge delivered, helped our client in understanding the long list of storage solutions that commercial along with the use cases. Our analysis answered several of our client’s critical business questions including:

The large-scale storage of hydrogen plays a fundamental role in a potential future hydrogen economy. How can a global energy player select the best Large scale Hydrogen storage method?
  • What are the existing and future hydrogen storage technologies?
  • How much hydrogen can it store?
  • Are these deployable for large-scale industrial applications?
  • What are the advantages and disadvantages of this storage method?
  • What are the market trends/ developments for hydrogen storage?

FutureBridge conducted extensive primary and secondary research to identify the hydrogen storage technologies and cost modeling for various storage options. Our research included:

  • Building a universe of technologies like LOHC, Metal Hydrides, and Physical Storage options that can store a large quantity of hydrogen
  • Identifying upcoming methods to store hydrogen and analyzing the invention focus and players active in specific storage methods
  • Developed the cost model to determine the Levelized cost of storage. Three models were developed for Ammonia based storage, Salt Caverns & Liquefaction
  • Assessment of round-trip efficiencies in all the storage options. In the case of ammonia, the entire cycle was considered – ammonia production, storage, and ammonia cracking
  • Studied the market trends/developments for hydrogen storage and the regulations related to tank production/installation.

FutureBridge further analyzed and provided the client with a list of potential solutions that are currently under development from a large-scale hydrogen storage perspective.

Also, FutureBridge helped our client understand the associated regulations and costs.

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