Hydrogenics Corp. and Enbridge Inc. have announced a joint venture to develop utility-scale energy storage in North America.
The agreement, which includes a $5-million equity investment in the hydrogen generation company formed by Enbridge, unites Hydrogenics’ expertise in water electrolysis with Enbridge’s expertise in natural gas pipeline networks and renewable energy generation.
Under the program, hydrogen produced during periods of excess renewable generation will be injected into Enbridge’s existing natural gas pipeline network, proportionally increasing the renewable energy content in natural gas pipelines. The partnership symbolizes the companies’ tangible efforts in advancing the commercialization of hydrogen energy storage solutions that have gigawatt-hour potential for electricity storage.
The hydrogen solution’s capacity to provide heightened energy storage capacity and application flexibility serve as distinct advantages over conventional energy storage methods, placing the hydrogen solution at the forefront of renewable energy technology well equipped to meet the growing need for energy storage by North America’s electricity grid operators.
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