Having made a profit of UAH 9. 14 billion, PJSC Ukrhydroenergo, Ukraine's largest hydro-generating company, has topped the ranking of state-owned companies that showed the best financial results in January-September 2021.
In this article, we will explore the top 10 Hydrogen Producing companies with their market cap, expertise, latest projects and future plans. 1. Linde plc 2. Air Products & Chemicals, Inc. 3. Air Liquide 4. BP PLC 5. Aramco 6. Engie 7. Siemens Energy AG 8. Equinor 9. ExxonMobil 10. Messer Group 1. Linde plc
Nevertheless, there is large interest from national and international stakeholders from business, industry and politics in the development of a Ukrainian hydrogen strategy. A first draft of Ukraine's hydrogen strategy was presented in 2021.149 According to the strategy, Ukraine can produce up to 45 million tons of hydrogen per year.
Is Ukraine a good place to produce green hydrogen?
Generally speaking, Ukraine has ample space and renewable endowments (as well as nuclear capacity) to produce green hydrogen at scale and favourable costs, while Ukraine's proximity to EU demand centres and existing infrastructure links allows, in principle, for multiple export corridors.
The study concludes that despite its enormous potential for domestic green hydrogen use and exports, Ukraine faces significant obstacles. The prospects of utilising Ukrainian hydrogen potential for exports in the nearer future are unfavourable but could become possible in the medium to longer term.
What are some examples of energy projects in Ukraine?
Among them is for example the Ukraine Hydrogen Valley project in the area of the reservoir of the recently destroyed the Kakhovka Dam156 while the largest project is the Green Hydrogen Industrial Cluster located in the Southeast of Ukraine by DTEK (up to 10 GW of planned electrolyser capacity).
Will Ukraine become a hydrogen supplier to the EU?
Ukraine, bordering the EU, connected via existing infrastructure and with large renewable and nuclear potential, in principle is well endowed to become a hydrogen supplier to the EU - with potential to deliver green hydrogen to Germany at a cost of 2.3-2.8 EUR/kgH2 by 2030.