Prices for nickel, platinum and iridium have spiked over the past year
Metals volatility drives electrolyser price inflation
PEM and alkaline electrolyser prices have risen by 30pc and 21pc respectively due to volatility in platinum, iridium and nickel markets, says consultancy Rystad Energy
Prices for polymer electrolyte membrane (PEM) electrolysers are likely to stay high in 2023 amid tight supply of platinum group metals, according to consultancy Rystad Energy. Volatility in key metals for PEM and alkaline electrolysers has already caused respective price rises of 30pc and 21pc between 2020 and 2022. Platinum and iridium—used in catalyst coated membranes and crucial for PEM electrolysers—have seen particular volatility between January 2021 and the start of 2023. Rystad warns that prices for these metals are likely to increase over the coming year due to an approaching supply crunch. 212GW – Electrolyser capacity estimated by 2030 South Africa accounts for 83pc of glob
Also in this section
17 December 2024
Sultanate prepares to offer international hydrogen project developers more land concessions but refines auction design as global industry sentiment cools
17 December 2024
Siemens Energy and Air Liquide collaborate on first commercial-scale electrolyser to be deployed at an industrial site in Europe
16 December 2024
Sustainable aviation fuel from electrolysis has great potential for reducing aviation sector emissions, but cost, energy requirements and the need for substantial investment stand in the way of take-off
16 December 2024
The Latin American country has the resource potential to compete internationally, but will the government open the door to investors?
