Hydrogen is one of the best options for storing renewable energy as it can be extracted from water, which is abundant, and it does not produce any harmful byproducts when used to generate electricity. An initiative started by the European Union will see $150 billion to be invested in hydrogen programs over the next 10 years. Other countries also see hydrogen as a crucial part of future energy generation.

The prediction is that by 2025, the price of hydrogen will fall by half in the US and Europe and by 2050 clean hydrogen will meet 24% of the world’s energy demand. Meanwhile, the residential electricity prices are increasing in the US and are predicted to go up by 16% by 2031.

However, solutions for hydrogen adoption in the residential market are currently lacking. Because of this a company called Alkaline Fuel Cell Power is designing hydrogen fuel cell units that are tailored for the residential and smaller commercial market. Alkaline Fuel Cell Power achieves this by using common, more affordable materials in production. Currently Alkaline Fuel Cell Power’s first working 4kW prototype using this design is in the development stage with plans for a commercial release in 2027.

The demand for hydrogen technology is constantly growing and Alkaline Fuel Cell Power’s developments are ready to meet it. The unique and competitive micro-CHP designs using alkaline fuel cell technology sets Alkaline Fuel Cell Power apart from the competition. These hydrogen fuel cells are silent in their operation and produce only pure water as a byproduct, making them ideal for residential applications.

As of now, hydrogen adoption in electricity production is low, but there are big plans for it as an energy source in the future. In 2020 the world hydrogen market was already valued at $120 billion and it is only projected to grow.