In an article for Renewable Energy World, Navigant Research explores the benefits of P2G
Power-to-gas (P2G) — the conversion of electrical power into gaseous energy carriers — is an evolving technology, but one that’s already making inroads thanks to its abilities to integrate renewables into the electric grid.
In an article for Renewable Energy World, Adam Forni, senior research analyst at Navigant Research, explains P2G’s benefits and what sets it apart from competing technologies.
“P2G is a quickly improving and potentially disruptive energy conversion technology,” he said. “It offers many of the same services of other energy storage technologies and has the added ability to be stored for long periods in the form of a useful commodity fuel product, hydrogen.”
Forni adds that P2G is primed for significant growth in coming years as demand for clean hydrogen grows, electrolyzer capital costs fall, and cheap renewable energy bathes the grid.
“The P2G ecosystem is evolving to encompass more stakeholders, including electrolyzer vendors, renewables developers, distributed energy resources (DER) controls vendors, gas and electric utilities, and a wide variety of hydrogen end-users,” Forni said. “As renewables developers incorporate more storage into their plants, the economics of P2G should be analyzed on any project of sufficient scale. Similarly, DER controls vendors targeting the battery storage market should consider developing products that can readily address P2G systems.”