Hydrogen is an essential chemical, already today. However, hydrogen is quickly becoming even more important, as chemical companies, refiners, and new players around the world are looking to build attractive business cases for low-carbon fuels and chemicals. To achieve this, a crucial point is the ability to produce green hydrogen from electrolysis of water with no carbon emissions – at a competitive price point. QEI has chosen to focus on the most efficient electrolysis technology available today which deliver more green hydrogen from the same amount of renewable electricity, compared to standard technologies like alkaline electrolysis.
QEI through its international companies forms a new strategic approach “Power to X” with the objective of enabling and realizing industrial projects that contribute to reducing the carbon emissions through the provision of competitive renewable energy.