Green hydrogen company Plug Power has signed a Memorandum of Understanding with Johnson Matthey to develop accelerate the joint development of high-performance electrolyser technology.
The collaboration aims to use JM’s advanced materials in Plug Power’s electrolyser systems to achieve better durability, performance and energy efficiency.
The companies will also investigate the development of a closed loop recycling system for the critical platinum group metals used as catalysts in these systems. Johnson Matthey is the world’s largest secondary refiner of platinum group metals.
Plug Power says it is the world’s largest user of liquid hydrogen and plans to produce 500t of green hydrogen daily in the US by 2025, and 1,000t globally by 2028.
The new generation of proton exchange membrane (PEM) electrolysers will require solutions that are able to meet the increasing demands on efficiency and performance. We are excited to collaborate with JM on driving the integration of leading electrolyser component technology that will bring another vital element to reach a fully sustainable green hydrogen economy,” said Rick Mason, VP Operations, Plug Power.