Storing excess seasonal renewable power as hydrogen is economically viable: DNV GL

Kolkata: Excess power generated from renewable sources that are seasonal in nature, stored in the form of hydrogen, derived from breaking water, has the potential to become cost-effective long-term electricity storage system.

This is one of the key findings of DNV GL’s latest research paper ‘The promise of seasonal storage’, which explores the viability of balancing yearly cycles in electricity demand and renewable energy generation with long-term storage technology.