Revolutionizing Energy: Integrating Nuclear Power and Hydrogen Production
The production of electrolysis-based hydrogen faces significant challenges, including scale and cost. Reducing the levelized cost of hydrogen requires a multi-faceted approach: lowering the cost of electricity, reducing the capital cost of the system, and increasing the capacity factor. One promising solution is the integration of an electrolyzer with small modular reactors (SMRs). This combination offers potential paths for enhancing capacity factor and reducing input electricity costs. Additionally, linking nuclear power and electrolysis could open new avenues for producing feedstocks for synthetic fuel production. This presentation will provide an update on GE Vernova’s innovative technology and ongoing research, highlighting the advancements and potential of this exciting energy solution.