01 — energy
Hydrogen
Green hydrogen — the clean fuel at industrial scale
Overview
Hydrogen is the most abundant element in the universe and the cleanest fuel we can produce at scale. REC 2 focuses on green hydrogen production where renewable electricity splits water through electrolysis — yielding hydrogen and oxygen with zero emissions. As electrolyser costs continue to fall, green hydrogen is rapidly approaching cost parity with grey hydrogen across industrial applications.
REC 2's hydrogen portfolio spans electrolyser technology partnerships, green ammonia production for maritime and agricultural sectors, long-duration hydrogen storage innovations, and fuel cell deployment across industrial corridors in Europe and Asia. The Hydrogen Festival by REC 2 is the group's flagship thought-leadership platform for shaping the global hydrogen economy.
Industrial decarbonisation has no viable alternative to hydrogen for sectors such as steel, cement, chemicals and long-haul transport. Green hydrogen production costs have fallen 60% in five years and are projected to reach $1/kg by 2030 in regions with abundant renewable resources — creating a step-change in addressable market size.
Why REC 2 is investing here
01
Global green hydrogen capacity is projected to reach 300 GW by 2030, a $500B+ investment opportunity. REC 2's early positioning across electrolysers, storage and infrastructure creates compounding advantage.
02
REC 2 brings together energy policy expertise, engineering partnerships and strategic capital to accelerate hydrogen deployment at scale — with unique dual-use access across military logistics and critical infrastructure.
03
Our position at the intersection of materials, SMR and energy gives us privileged access to nuclear-powered hydrogen production — the most economical pathway to 24/7 green hydrogen at industrial volumes.
Key Applications
06 areas